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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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Joint Industry Statement
Brussels, 11 February 2026 - The European Steel Association (EUROFER) has backed a call to action adopted by European companies and industries in Antwerp today, which includes a demand on the EU to take urgent action to bring electricity prices down as a condition for Europe’s industrial drive, competitiveness and economic resilience.
The automotive value chain is of vital importance to the EU steel industry and requires an integrated approach to realising the decarbonisation transition in a pragmatic way.