Commission promises to ride to the rescue of EU steelmakers

The action plan printer in Brussels is running at full speed. Two weeks after the European Commission presented a ‘strategic plan’ for the automotive industry,…

Commission promises to ride to the rescue of EU steelmakers

But key details remain to be decided and the strategy to cut energy costs ultimately relies on non-binding guidelines.

Without steel, no tanks - and without tanks, the EU's defence capacity is on the tip. Therefore, the EU has now launched an action plan for steel, but there is criticism of this.

A plan for steel and metals was presented on Wednesday, 19 March, to protect the Chinese competition and US tariffs.

On Wednesday in Brussels, the European Commission presented an action plan for this purpose.The day after, the responsible Commissioner visited a suitable place.The EU Commissioner for Industrial Strategy, Stéphane Séjourné, underlined the Commission's willingness to maintain the steel industry in Europe. "We will make every effort to ensure that this industry has a future in Europe," said the politician during a visit to the Thyssenkrupp steel …

EU Launches Series of Actions and Investments to Decarbonize Steel, Metal Sectors

The European Commission announced the launch of its Action Plan on Steel and Metals, outlining a broad range of initiatives aimed at protecting and strengthening the industry’s competitiveness, and supporting its decarbonization. According to the Commission, the new Action Plan comes as the European steel and metals industry faces a series of challenges, including high […]