(Finance) – Italy, France, Belgium, Luxembourg, Romania, Slovakia and Spain have signed the non -paid in Paris on Paris European steelurgerya document that outlines an action plan to strengthen the competitiveness of the sector and safeguard the production of steel in Europe, in a context of strong crisis characterized by the drop in production and the growing international competition. The initiative is part of a broader picture of measures to protect the European steel industry and face the global challenges that threaten the sector.
It is in fact closely connected to the document promoted by Italy and signed by Austria, Bulgaria, Poland, Greece and Cyprus on the review of Carbon adaptation mechanism to borders (CBAM) for the energivorous industries, starting right from the steel and chemistry.
For Italy, the non-paid was signed by the Minister of Business and Made in Italy, Adolfo Ursowho chaired the conference on the future of the European steel industry together with the Minister of Industry and French Energy, Marc Ferracci. “Siderurgia is the backbone of European and Italian industry – said Urso -. Without steel there is no industry, and without a strong industry Europe cannot compete globally. Defending our steel production capacity means guaranteeing the strategic autonomy of the continent, which we cannot give up. “
Mimit in a note stressed that “the need for a intervention European structural it is even more urgent in the light of the crisis of theautomotivewhich generated a strong drop in the demand for steel, further aggravating the situation in the sector. It therefore becomes indispensable that Europe will qualify for adequate tools to preserve its production capacity and guarantee equoured conditions of competition on the global market “.
In view of the Strategic dialogue on steelurgery that the European Commission will start in March, explained the Ministry, the document also places the emphasis on the need for a commercial policy more assertive. To combat unfair competition internationally, the signatories indicate as fundamental to strengthen safeguard measures and tools of defense commercialarguing the global overloading and unfair practices of non-EU competitors. Also for this reason it is absolutely necessary that the ferrous scrap destined for the production of green steel are held in Europe.
At the same time, it is necessary to stimulate the internal question of steel through targeted incentive tools, capable of supporting the European market and enhancing the industrial production of the continent. The non-paid also draws attention to the urgency of targeted investments to support the transition of the sector.
The signatory countries therefore asked the Commission European to analyze the gaps of financing and to prepare adequate resources to accompany iron -shaped companies in decarbonisation. It is central to signatories therefore the creation of a true European green steel market, promoting Made in Europe and a sustainable and competitive industrial model, in line with the objectives of Clean Industrial Deal and the future Industrial Decarbonisation Accelerator Act.