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EUROFER comments on the End of Life Vehicles Directive
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The European Directive on End Of Life Vehicles (ELV) has proven during the years to be a useful instrument for setting up a proper management system aimed at managing vehicles and their parts at their end of life stage.
However, technical and social developments imposed its updated to make it more appropriate for future challenges.
Nowadays, the priority is to have a functional management and treatment of the end of life vehicles and, in particular, of their parts and constituent materials. The priority is to go circular
and thus EUROFER welcomes the opportunity of contributing to the evaluation of the directive and giving his views for improving it. The present paper wants to present some general issues and/or comments linked to the actual use of and to aspects not sufficiently covered by the directive. Moreover, the paper will to highlight issues identified by the sector and how these could be solved in future.
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The outlook for the European steel market in 2024 continues to lose momentum amidst persisting challenging conditions. Downside factors such as worsening geopolitical tensions, coupled with growing economic uncertainty, energy prices, inflation, interest rates have further impacted demand prospects. According to EUROFER’s latest Economic and Steel Market Outlook, these challenges have exacerbated the negative effects on apparent steel consumption, resulting in a more severe downturn in 2023 than previously projected (-9%, instead of -6.3%) and weaker growth in 2024 (+3.2%, instead of +5.6%). Output in steel-using sectors, despite showing more resilience than expected in the past year (+1.1%), is now set to decline (-1%). Imports are once again on the rise (+11% in the last quarter of 2023), capturing a staggering 27% market share throughout 2023.
Second quarter 2024 report. Data up to, and including, fourth quarter 2023
Brussels, 22 March 2024 – The future of a strong and resilient EU can only be forged with steel made in Europe. Europe-made low-carbon steel has a strategic role as it enables a net-zero economy, but today it faces strong headwinds from high energy prices, unfair competition, global overcapacity and growing unilateral carbon costs. The year 2023 has recorded the lowest European crude steel production levels ever, with a number of idled plants and dire impact on workers. Ensuring the enabling conditions for the short-term viability and the decarbonisation of the steel sector urgently needs to be at the top of the EU agenda. This is the message delivered by the European Steel Association together with a number of high-level representatives of the sector on the occasion of the Clean Transition Dialogue on Steel in the presence of the Executive Vice Presidents of the European Commission, Maroš Šefčovič and Margrethe Vestager.