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Annual Report: European Steel in Action 2026
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In their foreword, EUROFER’s President Henrik Adam and Director General Axel Eggert underline a central message: as global competition intensifies and investment conditions come under increasing pressure, maintaining a strong steel industry in Europe is essential for economic resilience, strategic autonomy and the green transition.
The report examines the key EU policies impacting the industry that will determine whether Europe can remain competitive and decarbonise, including energy, trade, the Carbon Border Adjustment Mechanism, industrial lead markets, circular economy, innovation and environmental regulation.
It also provides an overview of the more than 90 legislative files, policy initiatives, expert groups and stakeholder platforms on which EUROFER is actively engaged.
Published the year EUROFER marks its 50th anniversary, and 75 years after the Treaty of Paris which placed steel at the heart of European integration, the report reflects on the industry's contribution to Europe while looking ahead to the challenges and opportunities that will shape its future.
Read the EUROFER Annual Report 2026 through the link below.
Proposed credit would allow European carmakers to meet 3% of their CO₂ targets through low-carbon steel made in the EU rising to 7.5% from 2035.
Brussels, 21 October 2026 - The European steel industry welcomes a compromise reached in the European Parliament yesterday on CO₂ standards for cars and vans, which includes a dedicated incentive for carmakers to use low-carbon steel Made in the EU.
As EU steel production rises, helping preserve up to 80,000 jobs, the industry reports €3.4 billion in investment decisions, with a further €2.4 billion expected by year-end.
Brussels, 1 October 2026 - The European Steel Association (EUROFER) has elected Geert Van Poelvoorde, Chairman of the Board of ArcelorMittal Europe Steel, as its new President. Taking office today, Mr Van Poelvoorde said stronger home markets across the steel value chain, secure access to export markets and a strong industrial base will be essential to delivering on the European Union’s ambitions for global competitiveness and strategic autonomy.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
