The steel industry is one of the sectors hard hit by the economic stagnation. As the consequences, productions capacities closures have been taking place in many countries of the EU. The situation required analysis of major developments occurring in the steel industry and of the factors affecting competitiveness of European producers.
Following meetings with Members of the European Parliament (Committee on Industry, Research and Energy (ITRE) and Committee on Employment and Social Affairs (EMPL)), Vice-President Tajani together with Commissioner Andor convoked, in July 2012, a High-level Roundtable on the future of the European Steel Industry as a platform for dialogue between the Commission, industry and trade unions.
Two meetings of the Roundtable took place in 2012. The dialogue with stakeholders provided identification of the key factors and policies affecting competitiveness of the steel sector and allowed to gather recommendations for concrete actions that could help to keep the sector competitive over long term.