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Steel jobs, market health at risk without immediate EU action, industry leaders warn

( October 1, 2025, 18:08 GMT | Official Statement) -- MLex Summary: Steel industry leaders urged immediate action to prevent job losses and boost European steel production at Wednesday’s Emergency Steel Social Summit in Brussels. Officials from the European Steel Association and workers’ union industriAll Europe said swift adoption of the EU Steel and Metals Action Plan — designed to safeguard the European steel industry — was essential to protect competitiveness and ensure the sector’s green transition. Hundreds of thousands of jobs across Europe are currently at risk due to global overcapacity and soaring prices, they warned. The European Commission is expected to announce a new proposal to aid the industry on Oct. 7, during the European Parliament’s full assembly in Strasbourg.Full press release follows:...

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