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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, 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.
The new Waste Shipment Regulation entered into force on 20 May 2024, with most of its provisions—including critical operational requirements—set to apply from 21 May 2026.
Brussels 20 March 2026 - The European Steel Association (EUROFER) welcomes the European Council conclusions adopted 19 March that recognises affordable energy is essential to competitiveness, decarbonisation ambitions and Europe’s industrial future. However, the steel sector warns that unless the response measures are designed and implemented effectively, they risk falling short of delivering both immediate relief and the structural changes needed to protect Europe’s industrial base.