EUROFER

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EUROFER and industriaALL call for a steel summit

The meeting is to discuss urgent issues and an action plan for sustainable development

EUROFER insists on a European action plan for the steel industry

The industry association is calling for immediate action rather than incremental improvements

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Steelmakers and trade unions insist on urgent protection of the EU steel industry

The plan should be published in the first 100 days of the new European Commission's work

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Car production in the EU will decrease by 6.5% y/y in 2024 – EUROFER

In 2025, a moderate recovery in the sector is expected – by 1.9%

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Construction in the EU will decline by 1.3% y/y in 2024 – EUROFER

In 2025, recovery in the sector is expected – by 1.3%

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EU increased steel exports to third countries by 6% y/y in January-July – EUROFER

Exports of rolled products increased by 7% y/y, including flat products by 8% y/y, and long products by 6% y/y

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Pipe production in the EU to fall by 2% y/y in 2024 – EUROFER

In 2025, a moderate recovery of the production activity of the industry is expected – by 0.8% y/y

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EUROFER downgraded its forecast for apparent steel consumption in the EU in 2024 to -1.8% y/y

Expectations regarding the growth of the indicator in 2025 have also been reduced to +3.8% y/y

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EUROFER calls for urgent action to save European steel industry

The industry is experiencing its worst period since the financial and economic crisis of 2009

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Global overcapacity requires immediate response – EUROFER

Complex trade measures are needed to solve the problem, the association believes

Europe needs immediate action for the steel industry – EUROFER

The association called for the implementation of the recommendations of Draghi's report on increasing the competitiveness of EU industry

EU steel industry urgently needs a clean industry agreement – EUROFER

Recent developments in the industry and supply chains are signs of a steady deterioration

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