As every year, the publication of the EUROFER Annual Report is an opportunity to recap the policy work conducted by the association throughout 2022, as well as to inspect the forthcoming priority work areas EUROFER will be facing in the next months.They will be crucial to ensure that the future of green steel is and will be in Europe, which is the essential condition for the EU to achieve global leadership in net zero and secure its strategic autonomy.
EU legislation such as the Gas & Hydrogen Package, the revision of the Electricity Market Design directive, the Hydrogen Bank and the Renewable Energy directive, is fundamental to set the right conditions for a truly EU energy market system that delivers. Maximum priority must be given as well to European projects for hydrogen infrastructure, whose development is lagging behind.
Similarly, ensuring access to critical materials for the green transition such as ferrous scrap and nickel is vital, even more so in a world where over 40 countries are already applying restrictions to exports. The Critical Raw Materials Act and the Waste Shipment regulation should take this
situation fully into account.
Facilitating investment in clean technologies, creating lead markets for green steel and promoting upskilling and adequate training opportunities for young steelmakers is also indispensable.
Be assured that, also this year, we will do our best to turn these challenges into opportunities for both the European steel industry and the EU. A strong and sustainable steel sector is the backbone of a healthy EU economy and its leadership in clean tech.
We trust that the reading of the EUROFER Annual Report 2023 will serve as a valuable resource for all those who are interested in the future of our industry and the role that it plays in the European economy.
The full report is available below.
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Brussels, 28 July 2025 — The European steel value chain is at a critical juncture. Deindustrialization is accelerating across both steel production, distribution and processing, threatening the resilience, competitiveness, and long-term sustainability of a sector essential to Europe's strategic autonomy and industrial base.
Brussels, 29 July 2025 – The proposal for a ‘highly effective’ new trade measure to counter global overcapacity and preserve the European steel industry’s capacities, published yesterday by France on behalf of a group of 11 Member States, is a timely initiative. The non-paper sets a clear course towards a comprehensive steel trade measure to replace the current safeguard regime at a critical moment, as the negative impacts of global overcapacity on the European steel industry continue to grow, says the European Steel Association (EUROFER).
Brussels, 28 July 2025 – The deal on tariffs struck by the EU with the U.S. limits the damage in the current circumstances, but the impact on European steel remains dramatic as long as 50% tariffs are still applied. A potential joint action EU-U.S. to address global overcapacity and a possible return to a tariff-rate quota system for EU exports to the U.S., as hinted at by Commission President Ursula von der Leyen, are still vague and lack the necessary details to the bring the economic certainty needed by EU steel producers, says the European Steel Association.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
