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EUROFER on the Global Forum on Steel Excess Capacity
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EUROFER calls on the Members of the Global Forum on Steel Excess Capacity to agree on a continuation of the forum’s mandate beyond November 2019. Continued international work on excess capacity and related government support measures would contribute to the sustainability of our global industry. Beyond steel, it could effectively contribute to increased transparency and improved disciplines in government trade and industry policies, establishing a genuine international level playing field for industries.
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EUROFER wishes to comment and clarify on the concerns expressed in the above-mentioned statement:
Strasbourg, 17 December 2025 – The European Commission’s latest proposals on the Carbon Border Adjustment Mechanism (CBAM), unveiled today, correctly identify several loopholes that risk undermining its effectiveness, notably regarding EU exports, downstream sectors and circumvention practices. However, despite these laudable efforts, the measures put forward fail to deliver a comprehensive and durable response to carbon and jobs leakage, warns the European Steel Association (EUROFER).
A milestone occasion to quickly and effectively restore affordable electricity, to relaunch the
decarbonization and strengthen the international competitiveness of the European steel
industry.