About: steel industry

Brussels rules out double carbon compensation for EU steelmakers

The European Commission has made it clear that industries covered by the EU’s upcoming carbon border levy will no longer receive free CO2 allowances under the bloc’s carbon market, the emissions trading scheme (EU ETS).
Energy 07-01-2021

UK government won’t block first deep coal mine in three decades

Despite pressure from green groups, the UK Government has said it will not intervene in a county council's decision to approve a deep coal mine – the first facility of its kind to gain planning approval in 30 years, reports EURACTIV's media partner, edie.net.

Steelmakers call for ‘Green Deal’ to counter Chinese dumping

European steelmakers were already reeling from dumped Chinese imports and US tariffs when the coronavirus pandemic hit this year. According to trade body Eurofer, it will take two years for the industry to recover, a process it says could be accelerated with a new “Green Deal for steel” and a carbon border levy.

Investors caution cement, steel firms on EU climate lobbying

Cement and steel companies are being warned by investors over their lobbying on planned European Union carbon costs, saying they are effectively asking to be compensated twice over.
Economy & Jobs 25-03-2020

Thyssenkrupp to scrap 3,000 steel jobs as part of coronavirus ‘crisis package’

German industrial conglomerate Thyssenkrupp on Wednesday (25 March) announced it was scrapping 3,000 jobs in its troubled steel unit as part of a coronavirus "crisis package".
Climate change 20-03-2020

Heavy-emitting firms ‘off-track’ from 2C climate target

More than 80% of the highest-emitting listed companies are failing to deliver emissions reductions aligned to the Paris Agreement's 2C global warming limit, with many of them also failing to account for climate mitigation and risk strategies. EURACTIV's media partner, edie.net, reports.

Can EU’s new industrial strategy accelerate Germany’s green transition?

With its new industrial strategy, the European Commission wants to promote climate-friendly innovations, unlocking billions in investment into clean technologies. However, it remains unclear how companies will be supported in the transition. EURACTIV Germany reports.

Germany’s steel industry in transition

Germany's energy-intensive steel industry needs to reinvent itself so that it can meet European climate targets and remain competitive. However, there is still a long road to go before the sector goes green. EURACTIV Germany reports.
Energy 26-07-2019

EU continues to fund coal and steel research

A relatively unknown EU fund supports coal and steel research projects. Among other things, the money is used to purchase highly toxic gases and optimise processes in the coal industry. EURACTIV Germany reports.
Economy & Jobs 02-05-2018

EU says metal tariffs ‘prolong uncertainty’ after US holds off

The European Union accused the United States on Tuesday (1 May) of prolonging "market uncertainty" with its decision to hold off on imposing controversial tariffs on metal imports from key global trading partners.
Economy & Jobs 30-04-2018

France, Germany, Britain say EU ‘must be ready to react’ to US trade tariffs

The European Union's three largest economies agree on the need to be "ready to react" to trade tariffs imposed by the United States, France's presidency said Sunday (29 April).
Energy 06-02-2018

EU steel sector sees demand growth in 2018, import threat

European steel demand is set to rise in 2018 with continued strength in most steel-using sectors, European steel association Eurofer said on Tuesday, while warning of a threat of rising imports.
Economy & Jobs 06-10-2017

EU to single out Chinese imports in report on market distortions

China will be singled out for special attention under new trade rules to limit excessively cheap imports into the European Union, a European Commission official said yesterday (5 October).
Economy & Jobs 10-08-2017

EU imposes import duties on some Chinese steel to counter subsidies

The European Union has imposed provisional import duties of as much as 28.5% on certain Chinese corrosion-resistant steels after an eight-month investigation found that the products benefited from unfair subsidies.
Oil and Industry 09-06-2017

EU sets steel import duties to counter Chinese subsidies

The European Union has set duties of up to 35.9 percent on imports of hot-rolled flat steel from China to counter what it says are unfair subsidies in a finding challenged by Beijing. The European Commission, which conducted an investigation...

Study: Recycling scrap steel offers environmental and competitive benefits

The market for scrap steel is weakening, but the circular economy may offer a ray of hope. A new study claims that old steel products will become increasingly important to the industry. EURACTIV Germany reports.

Global Europe 05-09-2016

Europe urges G20 nations to pour billions into refugee crisis

EU chiefs called on global leaders to increase their support to deal with the 65 million refugees in the world as the bloc's capabilities are “close to the limits”, warned European Council President, Donald Tusk on 4 September.
Trade & Society 17-05-2016

China dubs European Parliament vote against market status ‘unconstructive’

A European Parliament vote against granting China market economy status in the World Trade Organization was "not at all constructive", Beijing's foreign minister said yesterday (16 May) as he met his French counterpart.