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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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Brussels, 16 March 2026 According to the latest economic report from the European Steel Association (EUROFER), Europe’s steel market is estimated to have shown signs of growth. However, it also highlights how the sector’s outlook is clouded by imports having gained a record share of the EU market, falling European production, volatile energy prices and rising trade tensions.
First quarter 2026 report. Data up to, and including, third quarter 2025
The European Steel Association (EUROFER) has called on EU lawmakers to urgently adopt the new steel trade measure proposed by the European Commission last year, warning that weakening the proposal would put the European steel industry at risk.