Publications » Position papers » The new circular economy roadmap – summary and priorities
The new circular economy roadmap – summary and priorities
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Steel plays a vital role as an enabler for transitioning to a CO2 neutral and circular economy. The fact that steel maintains its inherent properties, through multiple recycling loops, means it remains permanently available to the society. However, there are still some aspects of policy that fail to recognise and limit our contribution to a more circular economy. The main issues and proposed solutions are summarised below and further detailed in the attached paper sent to the open feedback consultation by the EU Commission.
These are the main areas covered in this position paper:
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Brussels, 21 August 2025 – Joint written EU-U.S. statement broadly confirms the deal struck by Donald Trump and Ursula von der Leyen on 27 July: 15% U.S. import tariff on most EU products but 50% on EU steel, aluminium and their derivatives with the intention to consider working towards a tariff rate quota (TRQ) for EU exports and ring-fencing against global steel and aluminium overcapacity.
Brussels, 28 July 2025 — The European steel value chain is at a critical juncture. Deindustrialization is accelerating across both steel production, distribution and processing, threatening the resilience, competitiveness, and long-term sustainability of a sector essential to Europe's strategic autonomy and industrial base.
Brussels, 29 July 2025 – The proposal for a ‘highly effective’ new trade measure to counter global overcapacity and preserve the European steel industry’s capacities, published yesterday by France on behalf of a group of 11 Member States, is a timely initiative. The non-paper sets a clear course towards a comprehensive steel trade measure to replace the current safeguard regime at a critical moment, as the negative impacts of global overcapacity on the European steel industry continue to grow, says the European Steel Association (EUROFER).