News » Registration now open for the joint industriAll / EUROFER online event
Registration now open for the joint industriAll / EUROFER online event
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On 21 April 2021 at 12:00 the European Steel Association (EUROFER) and industriAll European Trade Union are jointly hosting an online event: ‘Building an economic and social framework for a successful climate transition by 2050’. Find out more and register: here.
About the online event
The EU’s 2050 net-zero target is not just a technological challenge. It is also an economic and social challenge. Investment in new technologies will be high, roll-out will be expensive and disruptive – and those changes will affect companies from top to bottom, with new skills and tests for all employees and workers.
This online event, touching on areas of common interest for EUROFER and industriAll, will be a series of conversations exploring how this change will take place, and what will happen during the transition to the net-zero carbon future.
The webinar will take place on Zoom with the moderator and hosts from industriAll and EUROFER meeting invited speakers.
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Brussels, 25 July 2024 – Major indicators in the European steel market show a steeper-than-expected downward trend, further impacting the outlook for this year and the next. Poor demand conditions, driven by ongoing factors such as high energy prices, persistent inflation, economic uncertainty and geopolitical tensions, are exacerbated by a manufacturing crisis affecting the largest steel-using sectors, including construction and automotive. According to EUROFER’s latest Economic and Steel Market Outlook, apparent steel consumption is further deteriorating. After a slump (-3.1%) in the first quarter of 2024, its rebound for the full year has been revised downwards (to +1.4% from +3.2%), as well as for 2025 (+4.1% from +5.6%). Similarly, output in steel-using sectors, after a decline in the first quarter (-1.9%), is projected to experience a deeper-than-expected recession (-1.6% from -1%). A recovery is anticipated only in 2025 (+2.3%). Steel imports continue to show historically high shares (27%).
Third quarter 2024 report. Data up to, and including, first quarter 2024
Picture Copyright: European Union, 2024 Source: EC - Audiovisual Service
Brussels, 18 July 2024 – The re-election of Ursula von der Leyen as President of the European Commission paves the way for the continuation of the ambitious initiatives started in her first term. For a stronger and prosperous Europe, defining a pragmatic set of measures within the first 100 days of the new Commission mandate is the right step forward to ensure the success of the EU’s industry transition, if properly implemented. The European Steel Association urges that the Clean Industrial Deal be complemented as a priority by a European Steel Pact, as proposed by the German delegation to the European People’s Party (EPP).