EUROMETAL and EUROFER call for immediate action to protect the European steel value chain
EUROMETAL and EUROFER issued a joint statement calling for the urgent adoption of tough trade measures to protect the European steel value chain, with a particular focus on metal derivatives.
The European steel industry is facing unprecedented challenges. Deindustrialization is accelerating in the manufacturing, distribution and processing sectors, jeopardizing the sustainability of the industry, which is the foundation of Europe's strategic autonomy. Imports of steel-based secondary products, many of which are not subject to existing protective or anti-dumping measures, continue to displace goods produced in the EU and undermine domestic production.
Steel derivatives, vital to Europe's transition to a green economy, including components used in energy infrastructure, currently account for up to 50% of EU consumption, threatening jobs, investment in innovation, and the long-term viability of the entire supply chain.
The joint statement reflects a sustained consensus in the European steel distribution sector, with the active participation of 12 national federations of steel distributors from 27 EU countries, united in urging policy makers to act decisively.
The joint statement confirms the shared commitment of EUROMETAL and EUROFER to create an integrated, competitive and future-ready steel production ecosystem. While agreeing with the Steel and Metal Production Action Plan, the two associations emphasize that excluding processed products from trade protection only increases pressure on the entire supply chain and increases the risk of carbon leakage within CBAM.
The dynamics of global trade are changing, including record—high Chinese exports of both steel and rolled products - the statement highlights the urgent need to take measures to preserve European industrial potential and ensure a fair transition to a green and digital economy.
Joint statement by EUROFER and EUROMETAL – Steel Derivatives