Sheffield - The move comes amid growing concerns over global steel overcapacity and potential redirection of low-cost steel into the European market due to rising U.S. import tariffs.
Brussels - With the United States currently applying 50% tariffs on steel imports, EUROFER warns that around 3.8 million tonnes of EU steel exports are at risk.
Brussels - While welcoming the overarching objective of climate neutrality by 2050, EUROFER argues that achieving the intermediate 2040 target would require an unprecedented transformation of EU industry.