The European steel industry is at the forefront of technical innovation, investing billions of euros a year in research and development. Its innovations have helped the sector refine its processes, create thousands of different grades of steel, and remain at the forefront of CO2 reduction efforts.
The European steel sectors' focus on constant improvement is centred on improving steels and upon improving how steel is made.
The European steel sector has created thousands of new grades of steel, many only invented in the past few decades. These widen the potential uses for steel, and improves its durability and sustainability.
Improving how steel is made is vital to the sustainability of the sector. European producers have already made great strides, cutting in half energy use and emissions since 1960. This work is being even further ramped up as the need to sharply reduce greenhouse gas emissions becomes ever more imperative.
The European Steel Association (EUROFER) has just published its Annual Report for 2020.
EUROFER's Annual Report 2020 looks back at the work of the Association and the performance of the European steel industry over the past year.
Priorities to transition the EU to carbon-neutrality and circularity