EUROFER

According to the association's forecasts, in 2023 the production of pipes in the EU will decrease by 1.9% y/y

The association predicts that the negative trends of last year will continue to influence in 2023

The gap in the cost of steel production between the EU and the US may increase to 60%

A high rate of raw material exports risks jeopardizing both Europe's strategic autonomy and its climate goals

EUROFER Deputy Director General Climate and Energy about the deal on the Carbon Border Adjustment Mechanism and review the Emissions Trading System in EU

The EU agreed on the reform of the ETS and the gradual abolition of free quotas for carbon emissions

The association calls on EU politicians to find a solution for exports within the framework of CBAM

The EU aims to reduce net carbon emissions by 55% by 2030

Shipments of flat rolled products from the EU decreased by 10% y/y in 8 months, and long products – by 22% y/y

The industry association is concerned about the high level of imports to the EU

The European steel industry directly provides 310 thousand jobs

The current gas price of around €200/MWh creates a difficult situation for energy-intensive industries