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Events: Ironing out a Steel Action Plan for a green transition made in Europe

The European Steel Association hosts or participates in a range of events or conferences

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Events: Exhibition "Steel: at the Heart of Europe"

The European Steel Association hosts or participates in a range of events or conferences

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Events: The Future of EU Industry: Value chain Resilience or Dependence

The European Steel Association hosts or participates in a range of events or conferences

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Statement: CBAM simplification and effectiveness must go hand in hand - Improvements are urgently needed to enable steel decarbonisation investments in Europe

Brussels, 13 February 2025 – Following the high-level conference “A Carbon Border Adjustment Mechanism for Climate - Addressing carbon leakage to strengthen global climate action”, organised in Paris by the European Commission and the French Ministries of Finance, Economics and Climate Transition, EUROFER emphasises that simplification must go hand in hand with ensuring the instrument’s effectiveness. This means addressing key issues such as resource shuffling, exports, and the inclusions of products further down the value chain.

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Press release: Statement on U.S. steel tariffs by EUROFER President, Dr. Henrik Adam

Brussels, 11 February 2025

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Press release: Downside factors persist, no relief in sight for the steel market outlook in the short to medium term

Brussels, 06 February 2025 – The economic and geopolitical conditions that have affected the European steel market over the past two years show no signs of improvement and have further deepened their negative impact on the sector in 2024. Growing uncertainty continues to weigh also on 2025 and 2026, with the outlook hinging on unpredictable developments especially as regards international trade. According to EUROFER’s latest Economic and Steel Market Outlook, the recession in apparent steel consumption in 2024 will be steeper than previously projected (-2.3%, down from -1.8%) and the expected recovery in 2025 has now been downgraded (+2.2%, down from +3.8%). Similarly, steel-using sectors’ recession has been revised downwards for 2024 (-3.3% from -2.7%), while growth projections for 2025 have also been lowered (+0,9% from +1.6%). Some acceleration is not expected until 2026 (+2.1%). Steel imports remain at historically high levels (28%) also in the third quarter of 2024.

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You can see all the latest updates from the European Steel Association here

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Latest updates

You can see all the latest updates from the European Steel Association here

Page contents and site navigation

News

See all the latest news updates here

Events: Ironing out a Steel Action Plan for a green transition made in Europe

Events: Exhibition "Steel: at the Heart of Europe"

Events: The Future of EU Industry: Value chain Resilience or Dependence

Press releases

See the latest press releases here

Statement: CBAM simplification and effectiveness must go hand in hand - Improvements are urgently needed to enable steel decarbonisation investments in Europe

Press release: Statement on U.S. steel tariffs by EUROFER President, Dr. Henrik Adam

Press release: Downside factors persist, no relief in sight for the steel market outlook in the short to medium term

Publications

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Economic and market outlook: Economic and steel market outlook 2025-2026, first quarter

Position paper: EUROFER contribution: Platform on Sustainable Finance Draft Report on Activities and Technical Screening Criteria to be Updated or Included in the EU Taxonomy

Statement: The CBAM must be fixed and launched urgently

Position papers

See the latest position papers here

Position paper: EUROFER contribution: Platform on Sustainable Finance Draft Report on Activities and Technical Screening Criteria to be Updated or Included in the EU Taxonomy

Statement: The CBAM must be fixed and launched urgently

Joint letter: Steel crisis: urgent meeting and EU summit needed to discuss urgent solutions

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