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The proposed EU steel trade measure, intended to strengthen Europe’s steel sector, could have significant consequences for downstream industries. Fast revision of the scope after adoption is urgently needed.
Many European manufacturing industries depend on stable and competitive access to steel inputs. Restrictions on imports risk tightening supply and increasing costs across the EU, with implications for industrial competitiveness and consumer prices.
The steel packaging industry relies on tinplate to provide superior protection for products used daily by European citizens. At a time when many households face growing financial pressures, long-lasting products packaged in steel support an affordable and reliable supply of food and essential goods.
Currently, 82% of steel packaging in Europe is recycled, and an estimated 75% of all steel ever produced remains in use today. A steady supply of recycled steel is a vital resource for Europe’s industrial competitiveness and circular economy.
The implications of the proposed measure for downstream industries and the need for urgent revision were discussed during a lunch debate hosted by Metal Packaging Europe and The Kangaroo Group aisbl at the European Parliament in Strasbourg, bringing together policymakers and industry representatives.
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