The European Steel Association (EUROFER) has called for urgent measures to address the severe energy crisis impacting the steel industry. High energy prices and costs are threatening the viability of steel production in Europe, leading to plant closures and production cuts.
EUROFER emphasizes the need for immediate relief from EU policymakers to prevent further damage to the industry, which is crucial for the EU’s value chains. The association also highlights the importance of a comprehensive response to ensure the survival and competitiveness of the European steel sector.