Tag «Gordon Moffat»

EU Action Plan for Steel: “The real emergency in terms of policy is the energy and climate policy in Europe”

The Commission meets 14 member states and the CEOs of the EU’s largest steelmakers European Commission Vice-President Antonio Tajani and the Commissioner for Employment, László Andor, have convened a High Level Group on the future of the European steel industry, meeting tomorrow, 4 December, in Brussels. The 14 largest steel producing EU member states, the …

“Commission’s new industrial policy just empty words?”

Commission decision on EU ETS further increases unilateral cost burden for EU industry   EUROFER has strong concerns about the European Commission decision on Member States’ national implementation measures (NIMs) for the third EU ETS trading period. The decision, adopted last Thursday, applies the so-called cross-sectoral correction factor cutting benchmark-based free allocation for industrial installations …

EUROFER disappointed by ENVI decision on backloading

EUROFER is disappointed by the European Parliament’s ENVI Committee’s vote to pave the way for withholding CO2 emissions allowances from the European carbon market. Gordon Moffat, Director General of the European Steel Association: “Artificially increasing the carbon price by withholding or removing allowances will undermine the competitiveness of European industries by increasing energy bills even …

Eurofer – EU in calmer waters but 2013 prospects remain bleak

Despite several economic indicators edging up since November last year, EUROFER’s Q1-2013 Economic & Steel Market Outlook signals that for the time being the EU steel market looks set to remain stuck in reverse gear. Since late 2012, several economic indicators such as the EU economic sentiment indicator and PMI output indices are improving. Also …