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Eurofer

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uuid000di4x

Namestring
Eurofer
Legal namestring
The European Steel Association AISBL (EUROFER)
Websiteurl
eurofer.org
Company typeenum
Private
Founded yearstring
-
Descriptiontext

Eurofer (The European Steel Association AISBL) is a Brussels-headquartered, Belgian-registered non-profit trade association founded in 1975 that serves as the collective voice of the European steel industry. It represents virtually all major European steel producers — including ArcelorMittal, Tata Steel, Voestalpine, SSAB, Thyssenkrupp, Aperam, Outokumpu, NLMK Europe, Acciaierie d'Italia, and Metinvest — covering 500 production sites across 22 EU Member States, where the sector generates approximately €215 billion in annual turnover, directly employs 298,000 people, and supports up to 1.55 million indirect jobs.

Rather than selling commercial products, Eurofer delivers industry representation, policy advocacy, and information services. Its core "products" are policy positions, statistical publications (European Steel in Figures, European Steel in Action, Economic and Steel Market Outlook), position papers, press releases, and a mobile application for content distribution. It coordinates research and innovation through the European Steel Technology Platform (ESTEP) and engages in trade defense via the AEGIS Europe alliance, while participating in broader industrial policy coalitions such as Industry4Europe.

The association operates as an AISBL under Belgian law, funded primarily through membership dues from its enterprise members. It does not publicly disclose membership fees or its own financial figures. Its go-to-market is institutional: direct engagement with the European Commission, European Parliament, and EU Member State governments on policy files including the Carbon Border Adjustment Mechanism (CBAM), the EU Emissions Trading System (ETS), trade safeguards, and industrial emissions regulations, supplemented by website content, newsletters, events, and social media.

Short descriptiontext

Eurofer is the Brussels-headquartered European Steel Association, a non-profit trade body representing major European steel producers across 22 EU Member States. It advocates on policy, trade, and climate issues, and publishes industry statistics and position papers.

Operating statusenum
Operating
Ownership categoryenum
akta.pro rankint
HeadquartersBrussels, Belgium
HQ citystring
Brussels
HQ countrystring
Belgium
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
steel industry representation, policy advocacy services, industry association, trade policy coordination, industrial statistics publishing
NAICS code1 code
  • Business Associations813910
SIC code1 code
  • Services-Membership Organizations8600
Product category
Industry Trade Association (Steel)
No data
Revenue model1 record
1Membership fees
TypeSubscription Recurring
Description

Eurofer operates as a non-profit association (AISBL) primarily funded by membership dues from European steel producers. The association represents its members' interests through advocacy, policy engagement, and industry representation.

eurofer.eu
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Personnel, Operations, Marketing or Sales, Others, Technology or R&D, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Brand1 of 4 records shown
1European Steel in Figures
Description

Annual statistical publication providing key figures about the European steel industry

eurofer.eu
+3 more records
Core offering1 text field

The European Steel Association (EUROFER) AISBL is a Brussels-based non-profit trade association that represents the collective interests of European steel producers before EU institutions. It funds its operations through membership dues and delivers policy advocacy (on trade, climate, energy, CBAM, ETS, industrial emissions, raw materials and standardisation), industry statistics and market outlook reports (European Steel in Figures, European Steel in Action, Economic and Steel Market Outlook), position papers, and research and innovation coordination through the European Steel Technology Platform (ESTEP).

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Eurofer is the European Steel Association, a trade association representing the European steel industry. Rather than offering a commercial product or software platform, Eurofer provides industry information services including publications (such as European Steel in Figures and European Steel in Action reports), economic and market outlook data, statistics on production and trade, position papers on policy issues, and press releases. The association facilitates information exchange and advocacy for its member companies operating steel production facilities across EU Member States.

Product and service6 records
1Membership-based industry representation and policy advocacy
CategoryTrade association membership service
Description

Core standing service provided to member companies: collective advocacy and representation before the European Commission, European Parliament and Member State governments on EU legislative and trade measures (CBAM, ETS, EU steel safeguards, anti-dumping, industrial emissions, raw materials, REACH, standardisation). For European integrated and specialty steel producers and their government affairs leaders.

2European Steel in Figures (annual statistical publication)
CategoryIndustry statistics and reference data
Description

Annual statistical publication providing key figures (production, trade, employment, market share) about the European steel industry, distributed to members, policymakers and made publicly downloadable from the EUROFER website.

3European Steel in Action (annual report)
CategoryIndustry intelligence report
Description

Annual report covering the activities, performance and contributions of the European steel industry, published on the EUROFER website and referenced by EU institutions and external stakeholders.

4Economic and Steel Market Outlook (quarterly report)
CategoryMarket intelligence report
Description

Quarterly economic and market outlook report covering demand, supply, trade and price dynamics for the European steel market, made publicly available and used by members, policymakers and media.

5Steel Industry Climate and Energy Policy Collection (CBAM & ETS)
CategoryPolicy advocacy deliverable
Description

Policy collection and position papers explaining how CBAM and ETS can complement each other while ensuring WTO compliance, including the steel industry CEOs' open letter and the map of key low-CO2 emissions projects in the EU steel industry. For EU policymakers and member companies.

6Stronger with European Steel campaign and election manifesto
CategoryAdvocacy campaign
Description

Campaign and associated manifesto urging EU policymakers to back the European steel industry, published on a dedicated campaign site strongerwitheusteel.eu and through EUROFER communications channels ahead of European elections.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierCoreTypeStrategic or Co-development Partner
Description

ESTEP is a European Technology Platform that brings together stakeholders from the steel industry, research institutions, and academia to coordinate research and innovation activities for the European steel sector. Eurofer is involved in research, innovation and technology initiatives through this platform.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

AEGIS Europe is an alliance of European industries committed to defending against unfair trade practices. Eurofer participates in AEGIS Europe initiatives related to trade policy and enforcement.

3Industry4Europe
Strategic tierMinorTypeStrategic or Co-development Partner
Description

Industry4Europe is a coalition of European industry associations advocating for a strong industrial policy in Europe. Eurofer participates in this coalition to represent steel industry interests in broader industrial policy discussions.

eurofer.eu
Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeRegional player
Description

US trade association representing North American steel producers. Identical remit to EUROFER (advocacy, statistics, technical/standards work) but operating across the Atlantic; useful comparator for how a national/regional steel trade body operates outside the EU regulatory environment.

TypeDirect peer
Description

Global steel industry trade association representing steel producers worldwide. Closest peer to EUROFER — same industry, same membership-association business model, same advocacy and statistical-publication functions, with EUROFER effectively serving as the European chapter/voice within the broader global framework.

TypeRegional player
Description

UK steel trade body representing British steel producers post-Brexit. Directly comparable trade-association function for a UK/English steelmaker constituency, and a key counterpart on cross-border (EU-UK) trade policy files relevant to EUROFER members.

4European Aluminium
TypeDirect peer
Description

Brussels-based trade association representing the European aluminium value chain. Closely comparable to EUROFER in structure: AISBL-style non-profit, EU-level advocacy on CBAM, ETS, trade defence, and industrial policy, with a focus on enabling decarbonization of a capital-intensive metals sector.

TypeOthers
Description

EU-level trade association for automotive manufacturers. Not a direct competitor but a key counterpart on industrial, trade, and decarbonization policy — and a major downstream consumer of European steel — making ACEA a strategically relevant peer for EUROFER's downstream-customer engagement and EU Industrial Policy positioning.

TypeDirect peer
Description

European association of ferro-alloy producers. Adjacent metals trade body with overlapping membership constituencies and EU policy interests; serves as a partner/ally on shared files (CBAM, ETS, trade defence) rather than a competitor.

TypeDirect peer
Description

European Chemical Industry Council, the EU-level trade association for chemicals. Same organizational archetype as EUROFER — Brussels-based AISBL, EU policy advocacy on industrial/energy/climate files, statistical publications, and member-driven policy positions.

TypeBroad incumbent
Description

Pan-European confederation of national business and industry federations. EUROFER participates in BusinessEurope via Industry4Europe; broader umbrella that aggregates cross-sector EU industry advocacy — useful as the wider umbrella in which EUROFER operates.

TypeDirect peer
Description

Europe's federation of metals, engineering, and technology-based industries. Sister trade-association structure inside the Brussels ecosystem — comparable membership-association model and overlapping industrial/trade/climate policy engagement.

TypeDirect peer
Description

European cement industry trade association based in Brussels. Highly comparable EU-level industry trade association model — non-profit, member-funded, with similar CBAM/ETS/trade advocacy profile given cement's parallel status as a carbon-intensive commodity exposed to the same EU policy levers as steel.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Eurofer

Industry Trade Association (Steel)eurofer.org

Eurofer is the Brussels-headquartered European Steel Association, a non-profit trade body representing major European steel producers across 22 EU Member States. It advocates on policy, trade, and climate issues, and publishes industry statistics and position papers.

What Eurofer does

Eurofer (The European Steel Association AISBL) is a Brussels-headquartered, Belgian-registered non-profit trade association founded in 1975 that serves as the collective voice of the European steel industry. It represents virtually all major European steel producers — including ArcelorMittal, Tata Steel, Voestalpine, SSAB, Thyssenkrupp, Aperam, Outokumpu, NLMK Europe, Acciaierie d'Italia, and Metinvest — covering 500 production sites across 22 EU Member States, where the sector generates approximately €215 billion in annual turnover, directly employs 298,000 people, and supports up to 1.55 million indirect jobs.

Rather than selling commercial products, Eurofer delivers industry representation, policy advocacy, and information services. Its core "products" are policy positions, statistical publications (European Steel in Figures, European Steel in Action, Economic and Steel Market Outlook), position papers, press releases, and a mobile application for content distribution. It coordinates research and innovation through the European Steel Technology Platform (ESTEP) and engages in trade defense via the AEGIS Europe alliance, while participating in broader industrial policy coalitions such as Industry4Europe.

The association operates as an AISBL under Belgian law, funded primarily through membership dues from its enterprise members. It does not publicly disclose membership fees or its own financial figures. Its go-to-market is institutional: direct engagement with the European Commission, European Parliament, and EU Member State governments on policy files including the Carbon Border Adjustment Mechanism (CBAM), the EU Emissions Trading System (ETS), trade safeguards, and industrial emissions regulations, supplemented by website content, newsletters, events, and social media.

Eurofer firmographics

Firmographics
Name
Eurofer
Legal name
The European Steel Association AISBL (EUROFER)
Website
https://eurofer.org
Company type
Private
Operating status
Operating
Short description
Eurofer is the Brussels-headquartered European Steel Association, a non-profit trade body representing major European steel producers across 22 EU Member States. It advocates on policy, trade, and climate issues, and publishes industry statistics and position papers.
Ownership category
akta.pro rank

Where Eurofer is headquartered

Location

Headquarters

HQ city
Brussels
HQ country
Belgium
HQ region
Europe

Offices1 record

Markets served

Eurofer business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Marketing or Sales, Others, Technology or R&D, Infrastructure

Revenue model

  1. Membership fees: Eurofer operates as a non-profit association (AISBL) primarily funded by membership dues from European steel producers. The association represents its members' interests through advocacy, policy engagement, and industry representation.

Distribution channels3 records

Marketing channels7 records

Eurofer product offering

Product offering

Core offering

The European Steel Association (EUROFER) AISBL is a Brussels-based non-profit trade association that represents the collective interests of European steel producers before EU institutions. It funds its operations through membership dues and delivers policy advocacy (on trade, climate, energy, CBAM, ETS, industrial emissions, raw materials and standardisation), industry statistics and market outlook reports (European Steel in Figures, European Steel in Action, Economic and Steel Market Outlook), position papers, and research and innovation coordination through the European Steel Technology Platform (ESTEP).

Product overview

Eurofer is the European Steel Association, a trade association representing the European steel industry. Rather than offering a commercial product or software platform, Eurofer provides industry information services including publications (such as European Steel in Figures and European Steel in Action reports), economic and market outlook data, statistics on production and trade, position papers on policy issues, and press releases. The association facilitates information exchange and advocacy for its member companies operating steel production facilities across EU Member States.

Differentiator

Problem solved

Functional benefit

Brands

  • European Steel in Figures: Annual statistical publication providing key figures about the European steel industry
  • European Steel in Action
  • Economic and Steel Market Outlook
  • Stronger with European Steel

Products and services

  • Membership-based industry representation and policy advocacy Core standing service provided to member companies: collective advocacy and representation before the European Commission, European Parliament and Member State governments on EU legislative and trade measures (CBAM, ETS, EU steel safeguards, anti-dumping, industrial emissions, raw materials, REACH, standardisation). For European integrated and specialty steel producers and their government affairs leaders.
  • European Steel in Figures (annual statistical publication) Annual statistical publication providing key figures (production, trade, employment, market share) about the European steel industry, distributed to members, policymakers and made publicly downloadable from the EUROFER website.
  • European Steel in Action (annual report) Annual report covering the activities, performance and contributions of the European steel industry, published on the EUROFER website and referenced by EU institutions and external stakeholders.
  • Economic and Steel Market Outlook (quarterly report) Quarterly economic and market outlook report covering demand, supply, trade and price dynamics for the European steel market, made publicly available and used by members, policymakers and media.
  • Steel Industry Climate and Energy Policy Collection (CBAM & ETS) Policy collection and position papers explaining how CBAM and ETS can complement each other while ensuring WTO compliance, including the steel industry CEOs' open letter and the map of key low-CO2 emissions projects in the EU steel industry. For EU policymakers and member companies.
  • Stronger with European Steel campaign and election manifesto Campaign and associated manifesto urging EU policymakers to back the European steel industry, published on a dedicated campaign site strongerwitheusteel.eu and through EUROFER communications channels ahead of European elections.

Companies that use Eurofer

Customer profile

Named customers10 records

Segments3 records

Ideal customer profiles2 records

Eurofer technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Eurofer partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core and minor.

  • European Steel Technology Platform (ESTEP)coreStrategic or Co-development PartnerESTEP is a European Technology Platform that brings together stakeholders from the steel industry, research institutions, and academia to coordinate research and innovation activities for the European steel sector. Eurofer is involved in research, innovation and technology initiatives through this platform.
  • AEGIS EuropecoreStrategic or Co-development PartnerAEGIS Europe is an alliance of European industries committed to defending against unfair trade practices. Eurofer participates in AEGIS Europe initiatives related to trade policy and enforcement.
  • Industry4EuropeminorStrategic or Co-development PartnerIndustry4Europe is a coalition of European industry associations advocating for a strong industrial policy in Europe. Eurofer participates in this coalition to represent steel industry interests in broader industrial policy discussions.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Eurofer competitors and assessment

Company assessment

Regional players

  • American Iron and Steel Institute (AISI): US trade association representing North American steel producers. Identical remit to EUROFER (advocacy, statistics, technical/standards work) but operating across the Atlantic; useful comparator for how a national/regional steel trade body operates outside the EU regulatory environment.
  • UK Steel: UK steel trade body representing British steel producers post-Brexit. Directly comparable trade-association function for a UK/English steelmaker constituency, and a key counterpart on cross-border (EU-UK) trade policy files relevant to EUROFER members.

Direct peers

  • World Steel Association: Global steel industry trade association representing steel producers worldwide. Closest peer to EUROFER — same industry, same membership-association business model, same advocacy and statistical-publication functions, with EUROFER effectively serving as the European chapter/voice within the broader global framework.
  • European Aluminium: Brussels-based trade association representing the European aluminium value chain. Closely comparable to EUROFER in structure: AISBL-style non-profit, EU-level advocacy on CBAM, ETS, trade defence, and industrial policy, with a focus on enabling decarbonization of a capital-intensive metals sector.
  • EUROALLIAGES: European association of ferro-alloy producers. Adjacent metals trade body with overlapping membership constituencies and EU policy interests; serves as a partner/ally on shared files (CBAM, ETS, trade defence) rather than a competitor.
  • CEFIC: European Chemical Industry Council, the EU-level trade association for chemicals. Same organizational archetype as EUROFER — Brussels-based AISBL, EU policy advocacy on industrial/energy/climate files, statistical publications, and member-driven policy positions.
  • Orgalim: Europe's federation of metals, engineering, and technology-based industries. Sister trade-association structure inside the Brussels ecosystem — comparable membership-association model and overlapping industrial/trade/climate policy engagement.
  • CEMBUREAU: European cement industry trade association based in Brussels. Highly comparable EU-level industry trade association model — non-profit, member-funded, with similar CBAM/ETS/trade advocacy profile given cement's parallel status as a carbon-intensive commodity exposed to the same EU policy levers as steel.

Others

  • European Automobile Manufacturers' Association (ACEA): EU-level trade association for automotive manufacturers. Not a direct competitor but a key counterpart on industrial, trade, and decarbonization policy — and a major downstream consumer of European steel — making ACEA a strategically relevant peer for EUROFER's downstream-customer engagement and EU Industrial Policy positioning.

Broad incumbents

  • BusinessEurope: Pan-European confederation of national business and industry federations. EUROFER participates in BusinessEurope via Industry4Europe; broader umbrella that aggregates cross-sector EU industry advocacy — useful as the wider umbrella in which EUROFER operates.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

Eurofer financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Eurofer leadership team

Management profile

Number of profiles

Profiles1 record

Eurofer funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Eurofer M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurofer

What does Eurofer do?

The European Steel Association (EUROFER) AISBL is a Brussels-based non-profit trade association that represents the collective interests of European steel producers before EU institutions. It funds its operations through membership dues and delivers policy advocacy (on trade, climate, energy, CBAM, ETS, industrial emissions, raw materials and standardisation), industry statistics and market outlook reports (European Steel in Figures, European Steel in Action, Economic and Steel Market Outlook), position papers, and research and innovation coordination through the European Steel Technology Platform (ESTEP).

Is Eurofer a public or private company?

Eurofer is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was Eurofer founded?

Eurofer was founded in -1.

Where is Eurofer based?

Eurofer is headquartered in Brussels, Belgium, in the Europe region.

How does Eurofer make money?

One revenue line is on record: membership fees.

Who are Eurofer's main competitors?

Regional players on record are American Iron and Steel Institute (AISI) and UK Steel. Direct peers are World Steel Association, European Aluminium, EUROALLIAGES, CEFIC, Orgalim and CEMBUREAU. European Automobile Manufacturers' Association (ACEA) is listed as an others. BusinessEurope is listed as a broad incumbent.

Does Eurofer have an API?

No public API is recorded for Eurofer.

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Live signals
IfengThe EU originally wanted to "join forces against China," but in the end, France and Germany are at odds again.France and Germany are at odds over the EU's Industrial Accelerator Act, with France pushing for strict "European manufacturing" protections against Chinese subsidies and Germany fearing retaliation. The steel issue is central, with Eurofer demanding EU origin for low-carbon steel, while a compromise draft would require 25% of steel to be low-carbon and of EU origin. Passage by year-end is now unlikely.Argus MediaEU slaps 5.6-28pc AD duties on CRC importsThe EU is set to impose anti-dumping duties of 5.6-28pc on cold-rolled coil steel imports from India, Japan, Taiwan, Turkey and Vietnam, following an investigation launched after European steel association Eurofer lodged a complaint about dumped imports harming EU steelmakers. The definitive duties — ranging from 5.6pc for Turkey's Tatmetal to 28pc for Japan's Nippon Steel and Daido Steel — are expected to be published in the EU's official journal with no retroactive application. European CRC prices have already risen to around €840/t ex-works on supply uncertainty, with market participants projecting potential increases toward €900/t as the market tightens further.Argus MediaEramet to expand Argentina lithium operationsThe EU is set to introduce anti-dumping duties ranging from 5.6-28% on cold-rolled coil (CRC) steel imports from India, Japan, Taiwan, Turkey, and Vietnam, following a complaint by European steel association Eurofer alleging dumped imports were harmful to the EU steel industry. The investigation covered the period from July 2024 to June 2025, and the measures are expected to create a tighter market environment in Europe with current offers around €840/t ex-works and some projections targeting €900/t. The European CRC market has been on an upward trajectory since the AD investigation announcement, with mills leveraging uncertainty and supply disruptions to raise prices amid limited domestic production capacity.EXPANSIONEl 'lobby' del acero lucha por sobrevivir en un mundo hostilThe European steel industry is fighting for survival amid high energy costs, weak domestic demand, intense international competition, and US tariff barriers, with global overcapacity exceeding 700 million tonnes according to the OECD. Eurofer, the European Steel Association, has successfully lobbied the EU to implement a new import cap of 18.3 million tonnes annually—a 47% reduction from 2024 volumes—which the association claims could recover up to 15 million tonnes of lost European steel production. The industry argues it cannot meet EU decarbonization targets by 2033 without affordable clean energy and hydrogen, while also pushing for relief from the 50% US tariffs that continue to block European steel exports despite a broader EU-US trade agreement.GmkConstruction in the European Union fell by 0.5% m/m in JuneConstruction production in the European Union fell by 0.5% month-on-month in June 2025, with significant declines recorded in Spain, Hungary, and Slovenia. This downturn is negatively impacting demand within the domestic long-rolled steel market, which has been struggling with macroeconomic uncertainty since early 2023. Eurofer forecasts that the sector will remain weak in 2025, with growth expected to reach only 1.1%.PR NewswireEUROFER: Open Letter From 76 CEOs of the European Steel IndustrySeventy-six CEOs from the European steel industry, represented by EUROFER, issued an open letter to EU Heads of State urging reforms to the EU Emissions Trading System (EU ETS) ahead of final negotiations. The signatories warn that the current legislation creates unachievable benchmarks and high carbon costs that risk job losses, plant closures, and carbon leakage due to unfair competition from third-country imports with higher footprints. They specifically call for the adoption of improvements agreed by the European Parliament regarding waste gases, auctioning shares, and indirect costs to preserve the sector's global competitiveness.PR NewswireEUROFER: otwarty list dyrektorów generalnych firm z europejskiej branży hutnictwaOn May 29, 2017, EUROFER published an open letter signed by CEOs of European steel industry companies addressed to EU governments ahead of the final phase of EU ETS (Emissions Trading System) reform negotiations. The letter warns that without amendments proposed by the European Parliament, the steel sector could lose approximately 35% of its emission allowances by 2030, threatening investments, jobs, and factory closures across Europe. The signatories argue that the current EU ETS framework disadvantages European steelmakers against third-country competitors who face no equivalent carbon costs and have significantly larger carbon footprints.PR NewswireEUROFER: Offener Brief von 76 CEOs der europäischen StahlindustrieOn May 29, 2017, EUROFER published an open letter signed by 76 CEOs of the European steel industry urging EU heads of state and governments to adopt Parliament's proposed improvements to the EU Emissions Trading System reform before final negotiations. The letter warns that technically unachievable benchmarks would impose high CO2 costs on even the most efficient steel plants, creating a 35% certificate shortage by 2030, while the current reform framework would disadvantage EU steelmakers relative to competitors from third countries with no comparable carbon costs. The CEOs argue that without adoption of amendments regarding cap gases, auctioning shares, cross-sector correction factors, and indirect costs, the reform risks factory closures and job losses across the European steel sector.