The European steel sector took center stage as European Commission President Ursula von der Leyen launched the Strategic Dialogue on the Future of the Steel Sector. The high-level meeting gathered key industry leaders, social partners, and stakeholders, including EUROMETAL President Alexander Julius, to discuss the challenges and opportunities facing the European steel supply chain.
A critical moment for European Steel
President von der Leyen opened the dialogue by emphasizing the historic and strategic importance of steel to the European Union, stating:
“Our European Union was built on a community of coal and steel. Steel is everywhere, from wind power to defence. But European steelmakers are at a crossroads, facing the challenges of necessary decarbonisation and partly unfair global competition. Today’s Dialogue is to lead to a tailored plan to help this sector decarbonise and thrive globally. We join forces to make a strong business case for steel made in Europe.”
The dialogue acknowledged that while steel production remains a cornerstone of European industry, the sector is under significant pressure due to high energy costs, global overcapacity, and declining product prices. These challenges have impacted investment in clean steel technologies, which are essential for the sector’s decarbonisation efforts.
Key outcomes of the Steel Dialogue
This first session laid the groundwork for future policy actions, reinforcing the importance of collaboration between industry and policymakers. Discussions were closely aligned with the Clean Industrial Deal, adopted in February, which aims to: lower energy costs for energy-intensive industries, create lead markets for low-carbon steel and accelerate investments through financial support exceeding €100 billion for clean manufacturing in the EU.
The dialogue will contribute to the development of a Steel and Metals Action Plan, which will outline sector-specific priority actions and long-term measures to replace current trade defence safeguard measures expiring in June 2026. The plan will focus on ensuring clean steel production is commercially viable, developing a strong response to unfair trading practices and identifying sustainable long-term solutions to safeguard the European steel market.
EUROMETAL’s Role and Key Priorities
As the representative body for European steel distributors, traders, and service centers, EUROMETAL played a pivotal role in ensuring that the concerns of steel distribution and processing were heard. EUROMETAL President Alexander M. Julius participated in the discussions, advocating for:
- A level playing field for steel users and manufacturers.
- Inclusion of finished and semi-finished products under protective trade measures.
- Stronger support for EU steel distribution, processing, and manufacturing to drive innovation and ensure sustainable industrial activities.
- A more inclusive approach in the Carbon Border Adjustment Mechanism (CBAM) to facilitate compliance and secure fair competition.
The road to the Steel and Metals Action Plan
Following this Strategic Dialogue, Executive Vice-President Stéphane Séjourné has been tasked with presenting the Action Plan on Steel and Metals on 19 March 2025. This plan will define the next steps for policymakers and industry stakeholders, with regular involvement from the European Parliament and the Council.
EUROMETAL remains committed to actively engaging in this process to ensure that the voice of steel distributors, traders, and service centers is represented in shaping the future of European steel.
The Strategic Dialogue gathered top industry stakeholders, including: EUROMETAL, EUROFER, ESPA, EURIC, Euromines, FIEC, Agora Industry, WindEurope, ACEA, ArcelorMittal, Tata Steel Europe, ThyssenKrupp Steel Europe, Salzgitter, Riva-Stahl, Outokumpu, Celsa Group, Feralpi, Stegra, Zeliziarne Podbrezova, IndustriAll and GravitHy.
