Environmental and Socio-Economic Impacts of the Circular Economy Transition in the EU Steel Sector

Aymara Wagner, Anna Walker (), Paola Federica Albizzati (), Leonidas Milios (), Malte Besler, Luis Pedauga (), Leon Rostek, Kimon Keramidas (), Pablo Pinero Mira (), Maarten Christis, Pieter Fonteyn, Foivos Petsinaris, Laurent Zibell and Davide Tonini ()
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Anna Walker: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Paola Federica Albizzati: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Leonidas Milios: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Luis Pedauga: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Kimon Keramidas: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Pablo Pinero Mira: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en
Davide Tonini: European Commission - JRC, https://joint-research-centre.ec.europa.eu/index_en

No JRC142957, JRC Research Reports from Joint Research Centre

Abstract: "The EU steel sector can reduce greenhouse gas emissions by 64-81 Mt CO2-eq. annually by 2050 through circular economy (CE) measures. CE can also significantly decrease EU demand for ores and energy demand, leading to a €7 billion annual increase in the EU net trade balance with significant imports reduction from China, US, UK, and Russia. However, this may come with trade-offs such as reduced employment and gross value added, which need to be further studied. The study's findings are policy-relevant, highlighting the need for a holistic approach and policy mix to materialise CE potential and informing EU policy-makers on strategies to support the steel sector's sustainable transition."

Date: 2025-09
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