The European Commission plans to reanimate the metallurgical industry of Great Britain

The English branch of the European Association of Steel manufacturers (Eurofer), based in the city of the Scanthropus, approved the plan of the European Commission for the salvation of the steel industry of Great Britain.

The European plan of action was the first comprehensive attempt to stop the decline in the metallurgical sector since the Davignon Plan Plan (Davignon Plan) developed to solve the problems of industry development in the mid-70s of the last century.

The plan presented by the Special Affairs of Industry Mr. Antonio Tajani is aimed at removing trade and bureaucratic barriers, the development of modern training programs and innovative developments, and ultimately reach the international level of the game. It also considers the issue of finding a way of reducing electricity costs, which now I make up to 40 percent in the total share of production costs.

Mr. Tayani and his colleagues are confident in the need to mobilize the resources of the European Fund to mitigate the blow to the industry by restructuring as a result of which up to 40 thousand people have lost their work throughout Europe in recent years.

Michael Leahy, General Secretary of Eurofer, said: “Of course, we welcome any initiative to support the metallurgical industry. But the fact that this is really necessary for the main stimulus for the UK is the focus on internal demand and purchase. Until this happens, the decline will continue in industry. ”

The presented plan also provides for work with the legislative framework of the European Union, which, according to the Association of Steel Producers, will have a positive impact on the investment climate, facilitating the introduction of the latest developments, and will ultimately increase the competitiveness of the European metallurgical industry.

Despite the positive news, the European demand for steel fell 27 percent lower than the 2007 peak level, and this, according to forecasts, is not a limit for a decline this year. The number of jobs in the metallurgical sector of industry has decreased by 10 percent for the period since 2007.