The European Commission held "steel strategic dialogue" to clarify the direction of development
European Commission President von der Leyen convened the key leaders of the EU steel industry, social partners and stakeholders to hold a "steel strategic dialogue", focusing on the development path of the industry under the triple pressure of high energy costs, low carbon transition trend and US tariffs, in order to clarify the direction for the future development of the steel industry in Europe.
Von der Leyen said that the steel industry is a key industry in the single market of the European region and plays an important role in the fight against climate change. The Strategic Dialogue on Steel will help the EU develop a concrete action plan to address the challenges facing the sector in the EU's clean industry transition. "Our aim is to ensure that the EU steel industry is both competitive and sustainable in the long term," she said.
The purpose of the Strategic Dialogue on Steel is to address the key challenges facing the EU steel industry and ensure that the EU steel industry remains a key driver of the European economy. The dialogue has enabled the Commission and key actors to start planning for the future, with the adoption of the Clean Industries Agreement by the EU, where the Commission will take action to help energy-intensive industries reduce their energy costs. The Clean Industry Agreement sets out measures to create a market and increase investment in low-carbon steel in the EU region, and proposes to provide more than 100 billion euros (about $110 billion) in financial support for clean manufacturing in the EU.
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