European metallurgy continues to face serious challenges despite recent moves in Brussels to curb the region's industrial decline and moderate its climate protection targets, but this is enough to secure and strengthen the sector's future.
Despite the improvement in the economic situation, the future of the sector hangs in the balance awaiting the arrival of the next European Commission. Wolfgang Eder CEO Voestalpine said “The next four years will be decisive for the European steel industry. If not, then the future is in question. "
The Commission said it intends to help industry reach 20% of the EU's gross domestic product by 2020, up from 15% now. Nonetheless, Brussels is constantly engaged in a tug of war between industrial and climate goals, and such representatives are among the commission, which will work until 2020.
In the medium term, the assessment of the strategy makes it clear that if the climate goals are achieved, this will negatively affect the economic goals. Even with Europe's return to growth this year, steel demand is still a quarter below pre-crisis levels, with many jobs lost and just 170 million tonnes of steel produced last year, up from 210 million tonnes in 2007. year.
The future of EU steel depends on the coming of the next European Commission
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Azovpromstal® 25 May 2014 г. 11:35 |
