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Steel, the Backbone of Sustainability in Europe
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Modern society would be impossible without steel. The European Steel Industry Vision is based on the decisive contribution of steel to European socio-economic growth and sustainable production, as well as the Circular Economy, which is expected to become even more important in the future.
In the short term, the sustainability of the European steel industry will depend upon meeting the formidable challenge of remaining economically viable against a background of excess global supply.
In the short, medium and long term, the European steel industry:
Steel has significant social value and is by far one of the most important, multi-functional and adaptable materials.
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Brussels, 14 April 2026 – Europe’s steel industry has welcomed the conclusion of EU negotiations on a new trade measure for steel, calling it an unprecedented response that will protect European steel capacity, safeguard more than 230,000 jobs and stabilise a sector pushed to the brink by record imports and global overcapacity.
Brussels, 3 April 2026 – The European Steel Association (EUROFER) has set out proposals to improve the EU’s Carbon Border Adjustment Mechanism (CBAM), just as the system enters a decisive new phase with the publication of the first carbon certificate prices expected on 7 April 2026.
Brussels, 25 March 2026 - The European Steel Association (EUROFER) has warned that the latest OECD data released in Paris today confirms a deepening global steel crisis and urged the EU to act swiftly to adopt its new steel trade measure.