European Steel in Figures 2020 is the European Steel Association’s (EUROFER) statistical guide. It shows a sector that has experienced a challenging year in 2019, with employment levels stable but demand beginning to fall off. In 2019, imports fell from the record rise seen in 2018 - in line with falling demand. The decline in production and demand will have an impact on future employment figures, as will the impact of the COVID-19 outbreak. Total employment – jobs directly or indirectly, or induced by the sector – now stands at 2.6 million. Total Gross Value Added is €140 billion.
This new European Steel in Figures 2020 guide updates the trade map, showing imports and exports from the EU in an easy-to-understand way, breaking down previously hard to read figures. Additionally, the sustainability section of the guide has been doubled in size and updated with the latest data, now including refreshed information on slag production by the steel industry and its use by other downstream sectors.
All these statistics help give an overview of the European steel industry today. Awareness of the employment, production, demand and trade challenges that face the sector ensure a greater understanding of our strategically important sector. With this in mind, I hope you enjoy using European Steel in Figures 2020.
Brussels, 09 July 2020 – With the Global Forum on Steel Excess Capacity (GFSEC) having been reactivated, the European Steel Association (EUROFER) has called for an intensification of its ongoing work. The GFSEC is a key forum to establish the transparency necessary to map global overcapacity – a pre-condition to facilitate capacity reductions globally.
Brussels, 08 July 2020 – The European Commission has today launched its ‘Hydrogen strategy for a climate-neutral Europe’, which sets out a plan to establish an integrated hydrogen energy network in Europe by 2050. As a major potential user of clean hydrogen, the European steel industry has welcomed the launch of the strategy.
The EU needs a stable and predictable policy framework that delivers on the climate objectives and preserves the competitiveness of its industrial base.