Page last updated at 16:25 GMT, Monday, 19 November 2012

Question on EU steel industry

On 20 November 2012 MEPs questioned the European Commission on the future of the steel industry in Europe.

Members of the Industry Committee, asked the Commission to provide an overview of the steel sector in the EU, noting that the economic slump in the sector is expected to continue throughout 2013.

Turnover in the EU steel sector is approximately €150bn, employing 410,000 people, which represents 1.25% of the total employment in EU manufacturing.

The EU produces around 16% of the world's steel, and is the second biggest producer behind China.

However, since the onset of the European economic crisis, many plants have been mothballed, or in some cases, permanently closed.

The president of the European steel industry body, Eurofer, warned earlier this year that the sector could be in "terminal decline" due to rising costs and cheap imports.

Useful links:

Democracy Live's guide to how the plenary sessions work.

A disclaimer on the use of simultaneous interpretations, on the European Parliament's website.


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