The State of the European Steel Transition

The European steel industry stands at a pivotal crossroads. As one of the most emissions-intensive sectors, responsible for 5% of the European Union’s (EU) total emissions and over a quarter of industrial emissions, its transformation is essential to achieving the EU’s ambitious climate goals. The steel sector must undergo rapid decarbonisation, shifting away from polluting coal-based production towards clean, near-zero emissions alternatives. This transition is not only an environmental imperative but also an opportunity to secure the industry’s long-term competitiveness, ensure job security, and reinforce Europe’s industrial leadership in a changing global market.

This report takes stock of the current state of the EU steel transition, sharing data derived from the first ever Europeanlevel tracker of blast furnaces.