Tag: Eurofer

According to Eurofer’s quarter 1-2010 report on the Economic and Steel Market Outlook, 2010-2011 signals that economic momentum in the EU economy should gradually gain further strength this year.

The Alliance for a Competitive European Industry (ACEI), has expressed that the voice of European manufacturing companies with a combined EUR 5 trillion turnover a year and employing 23 million people, is united in opposing any further increase of the EU climate change objective beyond -20% until other major economies have also made substantial and binding commitments.

The European Confederation of Iron and Steel Industries (EUROFER) has published a Manifesto of the European steel industry for the European Commission 2010-2014.

"The Copenhagen deal is a disappointment. We had hoped that an agreement in Copenhagen would have resulted in a global level playing field between industrial competitors worldwide", said EUROFER director general Gordon Moffat.

The European steel industry has recently restated its strong reservations against the joint venture of the iron ore companies BHP Billiton and Rio Tinto, which now has been signed by the two mining giants.

Eurofer’s October report on the Economic and Steel Market Outlook 2009-2011 shows that the EU economy most likely turned the corner during the 3rd quarter of 2009.