In an open letter published recently, 58 of Europeâs most senior steel industry executives, representing almost 100% of EU steel production, have addressed EU leaders with a clear message: âMake the right choices to ensure that our sector and its value chains flourish, investment continues, and the jobs of the men and women who work in our sector are sustained.â?
The open letter highlights the steel industryâs challenges, and calls on EU policy makers to develop more effective, faster measures to re-establish fair trade, and build an EU Emissions Trading Scheme (ETS) that works for those who are part of it, as well as achieving the ETS objectives of reducing the EUâs greenhouse-gas emissions. âWe, the undersigned CEOs of the EU steel industry, are writing to you ahead of the European Council meeting in October. During this meeting, you will be taking decisions that could help preserve an innovative, sustainable, and globally competitive steel industry in Europe. Making the right choices should ensure that our sector and its value chains flourish, investment continues, and the jobs of the men and women who work in our sector are sustained. We ask for your support on a number of issues that could make or break our industry: Market Economy Status of China: Alignment with the US, Trade Defence: More effective, faster measures to re-establish fair trade, and Emissions Trading: No cost burden beyond economic and technological feasibility. We trust that you can make progress on the above issues so that steel will be able to contribute to the transition to a competitive, low carbon European economy.â?
