Publications » Position papers » Policy options for the Product Environmental Footprint (PEF)
Policy options for the Product Environmental Footprint (PEF)
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The EF methodology should be used as an underlying approach in supporting product policies, rather
than a policy in itself.
Potential benefits of using the EF method in product policy:
EUROFER sees the need for a coherent product policy framework that supports a circular economy and sustainability, giving full recognition to materials at the design stage that are fit for circularity and support sustainable outcomes. We see a lifecycle approach in product policy as the only way to achieve this, and the EF method could provide the coherence if it is used in existing product policies that focus on different lifecycle stages e.g. design, production, use or end of life.
We believe the greatest benefit of PEF can be achieved when applied in end-product applications, rather than in the supply chain of semi-finished products. This is because the product design stage, including the materials used and other product design choices, has the greatest potential to improve environmental performance of a product, and in particular the degree of circularity achieved during the waste management of products at end-of-life.
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Brussels, 05 June 2025 – The high level of uncertainty and major disruptions caused by the new U.S. tariffs have dealt a severe blow to recovery expectations in the steel market for 2025. Against the backdrop of broader economic resilience driven by services, industry remains weak, weighing on steel demand and consumption. Recovery is not expected before 2026, and only if positive developments emerge in the global geoeconomic outlook. According to EUROFER’s latest Economic and Steel Market Outlook, the recession in apparent steel consumption will continue in 2025 (-0.9%) for the fourth consecutive year (-1.1% in 2024), contrary to earlier forecasts of growth (+2.2%). A similar trend is expected for steel-using sectors, with another recession in 2025 (-0.5%, after -3.7% in 2024) instead of a projected recovery (+1.6%). Steel imports remained at historically high levels (27%) throughout 2024.
Second quarter 2025 report. Data up to, and including, fourth quarter 2024
Brussels, 4 June 2025 – With U.S. blanket tariffs now raised to 50%, the only way to avoid the further erosion of the European steel market and another blow to European steelmakers is the swift implementation of the “highly effective trade measure” promised by the European Commission in its Steel and Metals Action Plan. A negotiated solution between the EU and the U.S. is also vital to preserve EU steel exports to the U.S., warns the European Steel Association.