The European Steel Association (Eurofer) has issued a stark warning about the potential irreversible decline of Europe’s steel industry. Eurofer emphasizes the urgent need for immediate action from the EU and Member States to prevent further deindustrialization.
The association highlights the critical challenges facing the industry, including global overcapacity, high import rates, and the necessity for efficient carbon levies and access to clean energy. Without swift intervention, Eurofer warns that Europe risks losing its manufacturing base and the ability to lead in green industrial transitions.
