The Commission is today taking action to maintain and expand European industrial capacities in the steel and metalworking sectors. Action plan for steel and metals is designed to strengthen the competitiveness of the industry and secure the future of the industry.

The European steel industry is the backbone of the European economy, providing inputs for critical sectors such as the automotive industry, clean technology and defence. A strong steel and metalworking industry in Europe is essential for ensuring the EU's security in the current geopolitical context and for delivering on the " Europe's ReArm 2030 Plan/Preparation ". The sector is also at a critical turning point, threatened by high energy costs, unfair global competition and the need for investment to reduce greenhouse gas emissions. The plan comes at a time when market-distorting measures, such as non-market support for global overcapacity and unjustified EU steel and aluminium tariffs, could negatively impact our economy. (More on ec.europa.eu)