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[And] high energy costs and growing carbon costs have eroded Europe&rsquo;s industrial competitiveness.&rdquo;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">With steel consumption steadily deteriorating so far in 2024 and with Eurofer downgrading its outlook for the sector several times already this year, in its latest outlook, published on October 29, Eurofer said it expects apparent demand to shrink by 1.8% year on year to 127 million tonnes in 2024&nbsp;&mdash; a significant downward revision from its previous forecast at the end of July, which was for a slight recovery of 1.4%.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">At the beginning of&nbsp; 2024, Eurofer predicted that apparent steel consumption in the EU would rise by 5.6%, to 137 million tonnes through the year. The downward revision is the third time Eurofer has downgraded its forecast, with steel prices under pressure for the most of the year.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In October, Fastmarkets&rsquo;&nbsp;<a style=\"background-repeat: no-repeat; box-sizing: border-box; text-decoration-line: none; background-color: rgba(255, 255, 255, 0); touch-action: manipulation;\" href=\"https://www.fastmarkets.com/commodity-prices/steel-hot-rolled-coil-index-domestic-exw-northern-europe-euro-tonne-mb-ste-0028/\" target=\"_blank\" rel=\"noreferrer noopener\">steel hot-rolled coil index domestic, exw Northern Europe</a>&nbsp;averaged &euro;549.25 ($) per tonne ex-works, sharply down from the average of &euro;616.63 per tonne in October 2023.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In January 2024, monthly average was &euro;731.73 per tonne.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;All recent attempts [by] European mills to increase [HRC] prices [have] stumbled over a lack of demand,&rdquo; a stockholder in Germany said.</p>\n<h2 class=\"wp-block-heading\" style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 0px; font-size: var(--title-2); line-height: 1.25; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; background-color: #ffffff;\">Stronger trade policies&nbsp;</h2>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">The plan blames the EU steel sector&rsquo;s woes on &ldquo;worsening global steel excess capacity&rdquo; becoming an &ldquo;existential threat to the sustainability of the European steel industry,&rdquo; citing figures from the Organization for Economic Co-operation &amp; Development (OECD) which put the excess at &ldquo;more than 550 million tonnes &ndash;&nbsp;four times more than annual EU steel production.&rdquo;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Sources told Fastmarkets that Europe&rsquo;s nominal crude steelmaking capacity was well above 200 million tonnes, but said that actual output volumes have been lagging far behind that total in recent years.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In 2023, steel output among the EU&rsquo;s 27 members fell to 126.30 million tonnes, down from 136.30 million tonnes in 2022 and down from 152.60 million tonnes in 2021, according to data from the World Steel Association (worldsteel).&nbsp;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;This overcapacity is undermining the viability of the EU steel sector in two ways. First, China is massively exporting steel worldwide at prices below the cost of production, which is severely depressing prices. Second, these exports are forcing other regions to divert steel to the EU market,&rdquo; the Eurofer/IndustriAll plan says.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In the first two quarters of 2024, carbon steel imports to the EU amounted to 13.5 million tonnes. For the whole of 2023, steel imports were 24.8 million tonnes.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Sources said that imports account for up to 30% of EU steel consumption.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">To address the issue of imports the Eurofer/IndustriAll plan suggests:</p>\n<ul style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 10px 0px; list-style-position: initial; list-style-image: initial; padding: 0px 0px 0px 20px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">Enforcing EU Trade Defense Instruments, such as anti-dumping, anti-subsidy and safeguards tools</li>\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">Replacing the current steel safeguards, which end in 2026, with a more robust tariffication regime</li>\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">Concluding an international agreement for sustainable steel, in line with CBAM and in full compliance with WTO rules</li>\n</ul>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In October 2024, the Commission took the first steps in strengthening trade barriers by implementing registration for all imports of products under anti-dumping or anti-subsidy investigations, including ongoing investigations where provisional determinations have not yet been made.</p>\n<h2 class=\"wp-block-heading\" style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 0px; font-size: var(--title-2); line-height: 1.25; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; background-color: #ffffff;\">CBAM in the spotlight</h2>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\"><a style=\"background-repeat: no-repeat; box-sizing: border-box; text-decoration-line: none; background-color: rgba(255, 255, 255, 0); touch-action: manipulation;\" href=\"https://www.fastmarkets.com/insights/steel-industry-cbam-transition/\">EU&rsquo;s CBAM, a carbon leakage protection measure,</a>&nbsp;is expected to fully come into force in 2026, but&nbsp;Eurofer and IndustriALL have warned against CBAM circumvention, resource shuffling and delocalization of downstream sectors.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;It is critical that the effectiveness of CBAM is properly monitored and secured within the entire-value-chain, including downstream sectors,&rdquo; the plan says,</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Market participants have brought up the fact that CBAM does not take into account steel exports, thereby compromising European steelmaker competitiveness in global markets.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;Export-oriented companies bear additional carbon costs, which undermines their competitiveness in global markets,&rdquo; a trading source said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">European steel export volumes have been declining in the past years: from 22.6 million tonnes in 2019 to 15.2 million tonnes in 2023, according to Eurofer data.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">The introduction of CBAM could also result in &ldquo;lost added value&rdquo; for the European manufacturing industry, sources said, and importers might start avoiding importing goods covered by CBAM and instead buy &ldquo;items with higher customs classification&rdquo; instead of semi-finished products.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">The European Commission is investigating the potential extension of CBAM to products downstream of the goods subject to the current regulations, such as iron and steel, but a final decision has yet to be made.</p>\n<h2 class=\"wp-block-heading\" style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 0px; font-size: var(--title-2); line-height: 1.25; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; background-color: #ffffff;\">Green transformation requires support</h2>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">To comply with the European Union&rsquo;s ambitious target to become a net zero-emitter by 2050, the steelmaking industry needs to transform quickly. but it will need support, according to the Eurofer/IndustriAll plan.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;The financial needs until 2030 are estimated today at around &euro;30 billion for capital expenditure (Capex) and &euro;55 billion for operating expenditures (Opex), totalling more than &euro;85 billion,&rdquo; the plan says.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">In the report, Eurofer and IndustriAll stress the fact that stimulus packages at member state level and at EU level are essential to support developments in steelmaking, including&nbsp;creating and promoting the key markets that will drive demand for green steel made in Europe.&nbsp;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;The demand for Low-CO2 steel should be stimulated through public procurement and in public auctions&hellip; A well-recognized labelling system for green steel should be developed by the industry and stakeholders, to be used as a benchmark and reference,&rdquo; the plan says.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Notably, the plan calls for:</p>\n<ul style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 10px 0px; list-style-position: initial; list-style-image: initial; padding: 0px 0px 0px 20px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">An EU labelling system for green steel</li>\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">A review of relevant EU legislation to promote green steel made in the EU in public procurement and public auctions</li>\n<li style=\"background-repeat: no-repeat; box-sizing: border-box;\">The introduction of incentives to use green steel in key downstream sectors, such as automotive and construction.</li>\n</ul>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">That echoes the key concerns of the industry regarding the green steel transition.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Market participants said there was a lack of projects across Europe requiring green steel and that demand from the key consumer &ndash; the automotive industry &ndash; has recently been slowing, in line with the general downturn in steel sales.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;Our customers say they love green steel, but they can&rsquo;t pay more because they are fighting for their survival,&rdquo; a distributor in Germany said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;We can&rsquo;t reverse the decarbonization and reduced-CO2 steel is coming &ndash; it&rsquo;s just the matter of time. But in a recession, it just becomes a secondary [issue] for a buyer,&rdquo; the distributor added.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">And a buyer in Germany said: &ldquo;For infrastructure projects &ndash; publicly funded [projects] in particular &ndash; it is possible for mills to sell green steel at higher premiums. But the spot market is just not there yet. There is no willingness [among buyers] to pay a premium.&rdquo;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Major flat steel suppliers are already offering their own green steel brands with lower-carbon footprints &ndash; including XCarb, Arvzero, SSAB Zero, Bluemint, Greentec&nbsp;&mdash; but there is currently no common standard for the industry.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;We need a coordinated approach from the entire sector &ndash; a simple approach that is applicable to all members,&rdquo; a trading source in Switzerland said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Fastmarkets&rsquo; methodology defines European green steel as &ldquo;steel produced with Scope 1,2 &amp; 3 emissions at a maximum of 0.8 tonne CO2 per tonne of steel.&rdquo; And&nbsp;Fastmarkets&rsquo; weekly assessment of the&nbsp;<a style=\"background-repeat: no-repeat; box-sizing: border-box; text-decoration-line: none; background-color: rgba(255, 255, 255, 0); touch-action: manipulation;\" href=\"https://www.fastmarkets.com/commodity-prices/green-steel-domestic-flat-rolled-differential-to-hrc-index-exw-northern-europe-euro-tonne-mb-ste-0904/\" target=\"_blank\" rel=\"noreferrer noopener\">green steel domestic, flat-rolled, differential to HRC index, exw Northern Europe</a> was &euro;100-200 per tonne on November 7, stable week on week.</p>\n<h2 class=\"wp-block-heading\" style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 0px; font-size: var(--title-2); line-height: 1.25; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; background-color: #ffffff;\">Clean, affordable energy to power the transition</h2>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;The EU steel industry is at a competitive disadvantage to other producing regions with regard to energy costs,&rdquo; the Eurofer/IndustriAll plan says.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">The energy-intensive nature of steel production leads to high electricity consumption, and these costs can represent as much as 180% of steel producers&rsquo; gross value added (GVA) in the UK. With the switch to electric-arc furnaces (EAFs), it would be expected that the sector&rsquo;s electricity consumption would roughly double, industry body UK Steel said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Currently, EU steelmaking is mainly blast furnace-basic oxygen furnace (BF-BOF) production, which is less energy-intensive than using the EAF-route, and electricity costs account for less than 4% of the costs in the BF-BOF production route. For EAF mills, electricity can be around 20% of the total.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">According to worldsteel, about 89% of a BF-BOF&rsquo;s energy input comes from coal, 7% from electricity, 3% from natural gas and 1% from other gases and sources. In EAF steelmaking, the energy input from coal accounts for 11%, electricity 50%, natural gas 38% and 1% from other sources.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">New green steel capacities in Europe will be mostly represented by EAFs and direct-reduced iron (DRI) modules, with more than 50 million tonnes of new steelmaking capacity expected to come online in 2025-2027, according to Fastmarkets estimates.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">And the issue of developing green hydrogen to power new DRI modules is already a key topic of conversation among European steelmakers.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Using hydrogen with existing DRI modules in Europe is currently quite expensive, Fastmarkets understands, with hydrogen prices currently around &euro;5-8 per kg. And it needs to be closer to &ldquo;&euro;2.5-3.0 per kg to be commercially viable for steelmaking,&rdquo; a steel producer in Northern Europe said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">To produce 1 tonne of liquid metal in a DRI module, around 60 kg of hydrogen is required, according to industry estimates.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&ldquo;Europe needs to build out its production of fossil-free electricity. However, the volumes needed for large-scale electrolysis to produce the green hydrogen are significant. Therefore, it makes sense to place the most energy-intensive operations close to where the electricity is available [so it] can be built out,&rdquo; a steel mill source in Europe said.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">And the Eurofer/IndustriAll plan says: &ldquo;Hydrogen has a key role to play, and we are concerned that the policy framework governing hydrogen adopted so far will not deliver affordable hydrogen at scale [the steel] industry needs. Urgent measures are needed to reduce energy costs [if] the green transition is to become a reality.&rdquo;&nbsp;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">But, according to market participant estimates, around 140,000 tonnes of hydrogen per year would be required to fuel one 2 million tpy DRI module.</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">&nbsp;</p>\n<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 20px 0px; background-color: #ffffff;\"><em style=\"background: #fefefe; border: 0px; margin: 0px; outline: 0px; padding: 0px; vertical-align: baseline;\"><em style=\"box-sizing: border-box;\"><em style=\"box-sizing: border-box; margin: 0px; padding: 0px; border: 0px; outline: 0px;\"><em style=\"color: var(--wp--preset--color--black) !important; font-family: ui-sans-serif, system-ui, sans-serif, 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; font-size: 16px; letter-spacing: -0.5px; font-weight: inherit !important;\"><span style=\"color: #ba372a;\">（Reprinted from&nbsp;</span></em><em><a href=\"https://www.fastmarkets.com/insights/european-steel-sector-calls-for-action-plan-to-safeguard-industry-in-face-of-crisis/\"><span style=\"color: #0000ee; font-family: ui-sans-serif, system-ui, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol, Noto Color Emoji;\"><span style=\"letter-spacing: -0.5px;\"><u>fastmarkets</u></span></span></a><span style=\"color: #ba372a; font-family: ui-sans-serif, system-ui, sans-serif, Apple Color Emoji, Segoe UI Emoji, Segoe UI Symbol, Noto Color Emoji;\"><span style=\"font-weight: inherit !important; letter-spacing: -0.5px;\">, if there is any infringement, please email &lt;marketing@ecvinternational.com&gt; to delete it.）</span></span></em></em></em></em></p>","created_at":"2024-11-20 10:31:38","description":"<p style=\"background-repeat: no-repeat; box-sizing: border-box; margin: 0px 0px 20px; color: #323232; font-family: BrownStd, Arial, Helvetica, sans-serif; font-size: 16px; background-color: #ffffff;\">Ahead of Commissioner-Designate S&eacute;journ&eacute;&rsquo;s hearing in the European Parliament, Eurofer and European trade union IndustriAll have developed and published a set of demands for European Commission and the EU member states to consider, aimed at ensuring the EU has &ldquo;an internati","tags":[{"id":1,"laravel_through_key":250,"name":"Steel"}]},"recommendNews":[{"id":252,"title":"Pangang’s High-Titanium Steel Casting Powder Patent Granted in Japan and South Korea","created_at":"2024-11-22 17:49:38"},{"id":251,"title":"JOIN IN ECV'S 3RD EUROPEAN GREEN STEEL SUMMIT 2025 | EGSS 2025","created_at":"2024-11-20 16:37:00"},{"id":250,"title":"European steel sector calls for action plan to safeguard industry in face of crisis","created_at":"2024-11-20 10:31:38"},{"id":248,"title":"Ministry of Ecology and Environment, P.R.C: Actively Promoting Carbon Trading in the Steel Industry and Accelerating the Development of Accounting and Verification Guidelines for the Steel Sector","created_at":"2024-11-15 15:59:50"},{"id":244,"title":"China Green Steel Summit 2024 will be held in a week","created_at":"2024-11-14 17:48:33"},{"id":243,"title":"Baowu Group will attend China Green Steel Summit 2024","created_at":"2024-11-14 15:39:04"}],"url":"https://www.greensteelhub.com/steel/news/250","description":"e EU member states to consider, aimed at ensuring the EU has “an internati"},"url":"/steel/news/250","version":"bd5a2f3230b4bd4d3f6dad10bf4001bf"}"><!--[--><!----><!--[--><!--[--><!--[--><!----><!--[--><header class="fixed w-full top-0 z-50 bg-white flex justify-center px-2 sm:px-0"><div class="w-steel h-16 flex items-center justify-between sm:justify-start"><a href="/steel"><img class="h-14" src="/images/steel/steel-word-logo.png" alt="Logo"></a><div class="gap-10 items-center ml-auto hidden sm:flex"><a href="/steel#news"><div class="relative px-4"><div class="text-[18px] text-gray-700">News</div><div style="display:none;" class="h-1 w-full absolute left-1/2 -translate-x-1/2 -bottom-2 bg-steel-green rounded-full"></div></div></a><a href="/steel#event"><div class="relative px-4"><div class="text-[18px] text-gray-700">Events</div><div style="" class="h-1 w-full absolute left-1/2 -translate-x-1/2 -bottom-2 bg-steel-green rounded-full"></div></div></a><a href="/steel#about-gsh"><div class="relative px-4"><div class="text-[18px] text-gray-700">About GSH</div><div style="display:none;" class="h-1 w-full absolute left-1/2 -translate-x-1/2 -bottom-2 bg-steel-green rounded-full"></div></div></a></div><div class="sm:hidden"><button ariadisabled="false" type="button" class="el-button" style=""><i class="el-icon" style=""><!--[--><svg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1024 1024"><path fill="currentColor" d="M176 416a112 112 0 1 1 0 224 112 112 0 0 1 0-224m336 0a112 112 0 1 1 0 224 112 112 0 0 1 0-224m336 0a112 112 0 1 1 0 224 112 112 0 0 1 0-224"></path></svg><!--]--></i><!--v-if--></button></div></div></header><div class="h-16"></div><!----><!--]--><section class="p-2 sm:px-0 bg-gray-100 flex justify-center sm:py-[20px]"><div class="w-steel sm:flex sm:items-start sm:gap-3"><div class="p-3 bg-white rounded-lg sm:basis-3/4"><div class="text-[18px] font-medium mb-3">European steel sector calls for action plan to safeguard industry in face of crisis</div><div class="flex justify-between items-center"><div class="flex gap-3"><!--[--><div class="px-2 py-1 bg-gray-100 rounded text-[14px]">Steel</div><!--]--></div><div class="text-gray-500 text-[14px]">2024-11-20 10:31:38</div></div><div class="border-b my-3"></div><div id="news-content"></div></div><div class="sm:basis-1/4 sm:sticky sm:top-[72px]"><div class="p-3 bg-white rounded-lg mt-3 sm:mt-0"><div class="flex justify-around items-center"><div class="w-[20px] h-[20px] cursor-pointer"><svg fill="#0C66C2" viewBox="0 0 448 512"><path d="M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z"></path></svg></div><div class="w-[20px] h-[20px] cursor-pointer"><svg fill="#0F1418" viewBox="0 0 448 512"><path d="M64 32C28.7 32 0 60.7 0 96V416c0 35.3 28.7 64 64 64H384c35.3 0 64-28.7 64-64V96c0-35.3-28.7-64-64-64H64zm297.1 84L257.3 234.6 379.4 396H283.8L209 298.1 123.3 396H75.8l111-126.9L69.7 116h98l67.7 89.5L313.6 116h47.5zM323.3 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pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/252#news"><div class="text-[14px] line-clamp-2 mb-1">Pangang’s High-Titanium Steel Casting Powder Patent Granted in Japan and South Korea</div></a><div class="text-[12px] text-gray-500">2024-11-22 17:49:38</div></div><div class="border-b pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/251#news"><div class="text-[14px] line-clamp-2 mb-1">JOIN IN ECV'S 3RD EUROPEAN GREEN STEEL SUMMIT 2025 | EGSS 2025</div></a><div class="text-[12px] text-gray-500">2024-11-20 16:37:00</div></div><div class="border-b pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/250#news"><div class="text-[14px] line-clamp-2 mb-1">European steel sector calls for action plan to safeguard industry in face of crisis</div></a><div class="text-[12px] text-gray-500">2024-11-20 10:31:38</div></div><div class="border-b pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/248#news"><div class="text-[14px] line-clamp-2 mb-1">Ministry of Ecology and Environment, P.R.C: Actively Promoting Carbon Trading in the Steel Industry and Accelerating the Development of Accounting and Verification Guidelines for the Steel Sector</div></a><div class="text-[12px] text-gray-500">2024-11-15 15:59:50</div></div><div class="border-b pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/244#news"><div class="text-[14px] line-clamp-2 mb-1">China Green Steel Summit 2024 will be held in a week</div></a><div class="text-[12px] text-gray-500">2024-11-14 17:48:33</div></div><div class="border-b pb-1.5 mb-1.5 last:border-none"><a href="/steel/news/243#news"><div class="text-[14px] line-clamp-2 mb-1">Baowu Group will attend China Green Steel Summit 2024</div></a><div class="text-[12px] text-gray-500">2024-11-14 15:39:04</div></div><!--]--></div></div></div></section><div class="bg-[#1A1A1A] py-10 leading-loose"><div class="flex justify-center mb-3"><div class="w-metal flex gap-4 items-start flex-wrap px-3 sm:px-0 sm:flex-nowrap"><div class="text-[14px] sm:basis-2/3"><div class="text-white font-medium mb-[20px]">About GSH</div><div class="text-gray-400">Green Steel Hub (GSH), ECV’s “Green Steel” series global event center, is a gateway to a greener steel future. At GSH, we are committed to providing a neutral platform through our events, gathering the latest expert insights and practical actions that address the current challenges faced by steel industry, and laying a solid foundation for a more sustainable future that steel production and the climate change coexist in harmony. <br /> Driven by a vision of a worldwide steel production is not only efficient but also environmentally responsible, steel industry is striving to reduce carbon emissions, minimize waste, and conserve natural resources. GSH’s mission is to build a bridge for steel industry participants, promote expert exchanges and business corporations, accelerate the sustainability process of the steel industry, and shape a brighter and cleaner tomorrow for future generations.</div></div><div class="text-[14px] sm:basis-1/3 mt-4 sm:mt-0"><div class="text-white font-medium mb-[20px]">Contact Us</div><div class="mb-3"><div class="mb-3"><!----><img class="w-32 h-32 rounded-md" src="/images/steel/new-whatsapp.jpg" alt="whatsapp"></div><div class="flex items-center gap-3"><a href="https://www.linkedin.com/company/4859237/" target="_blank"><svg class="w-6 h-6" fill="#fff" viewBox="0 0 448 512"><path d="M416 32H31.9C14.3 32 0 46.5 0 64.3v383.4C0 465.5 14.3 480 31.9 480H416c17.6 0 32-14.5 32-32.3V64.3c0-17.8-14.4-32.3-32-32.3zM135.4 416H69V202.2h66.5V416zm-33.2-243c-21.3 0-38.5-17.3-38.5-38.5S80.9 96 102.2 96c21.2 0 38.5 17.3 38.5 38.5 0 21.3-17.2 38.5-38.5 38.5zm282.1 243h-66.4V312c0-24.8-.5-56.7-34.5-56.7-34.6 0-39.9 27-39.9 54.9V416h-66.4V202.2h63.7v29.2h.9c8.9-16.8 30.6-34.5 62.9-34.5 67.2 0 79.7 44.3 79.7 101.9V416z"></path></svg></a><a target="_blank" href="https://twitter.com/ECV_Int"><svg class="w-6 h-6" fill="#fff" viewBox="0 0 448 512"><path d="M64 32C28.7 32 0 60.7 0 96V416c0 35.3 28.7 64 64 64H384c35.3 0 64-28.7 64-64V96c0-35.3-28.7-64-64-64H64zm297.1 84L257.3 234.6 379.4 396H283.8L209 298.1 123.3 396H75.8l111-126.9L69.7 116h98l67.7 89.5L313.6 116h47.5zM323.3 367.6L153.4 142.9H125.1L296.9 367.6h26.3z"></path></svg></a></div></div><div class="text-gray-400"><div class="flex items-center gap-1"><div>Phone:</div><a href="tel:+86 21 66059539">+86 21 66059539-813</a></div><div class="flex items-center gap-1"><div>Mobile Phone:</div><a href="tel:+86 13271915990">+86 13271915990</a></div><div class="flex items-center gap-1"><div>Email:</div><a href="mailto:marketing@ecvinternational.com">marketing@ecvinternational.com</a></div></div></div></div></div><div class="text-[12px] pb-[10px] text-gray-400 px-3 sm:text-center"><div class="text-white font-medium mb-[20px] text-[14px]">Associated Websites</div><div class="weblink sw-pub py-2 grid grid-cols-2 gap-5 text-center z-10 sm:flex sm:flex-wrap sm:justify-center"><a class="w-48" href="https://www.ecvinternational.com/" target="_blank"><img src="/ads/Public/img/static/associated_websites/ecv.png"></a><a class="w-48" href="https://www.ecv-events.com/" target="_blank"><img src="/ads/Public/img/static/associated_websites/ecvevents.png"></a><a class="w-48" href="https://www.ecvgreenmetal.com/" target="_blank"><img src="/ads/Public/img/static/associated_websites/ecvgreenmetal.png"></a><a class="w-48" href="https://www.shbizev.com/" target="_blank"><img src="/ads/Public/img/static/associated_websites/bizevent.png"></a></div></div><div class="text-[12px] pb-[40px] text-gray-400 px-3 sm:text-center"><div>©2010-2024 ecvinternational.com All rights reserved.</div><div><a href="/steel/about/Imprint#about-gsh">Imprint</a></div><a class="text-transparent" href="https://www.miit.gov.cn/" target="_blank">沪ICP备17029134号-5</a></div></div><!--]--><!--]--><!--]--><!--]--></div></body> </html>