Decline in production in the EU-27

Decline in production in the EU-27

Carbon leakage is here with us. It is difficult to translate, it is certainly not a carbon leak, but rather the threat of businesses escaping to countries where they do not have European rules for dealing with CO2. At one of the conferences on the subject, it was said that there was no evidence or studies to illustrate this in any way. Just look at the data provided by Worldsteel to see how much less steel is produced in the EU-27 compared to the growth in China over the last ten years.

The EU-27's share of global steel production fell from 10.9% to 7.8%. At the same time, China's share rose from 45.6% to 52.9% (as pictured in the graph). So carbon leakage unfortunately exists.

More articles

Joint Statement

After Meeting Between Government of Slovakia Representatives And Senior Executives of Nippon Steel Corporation / U. S. Steel Košice, February 9, 2024 at 3pm JST


On April 18, 2023, the company U. S. Steel Košice announced the names of organizations and projects that will receive support under its Together for the Region 2023 grant program.

Privacy policy settings

We use cookies so that we can provide you with the best user experience possible. More info...