We are pleased to invite you to the launch of a new study, Reclaiming Steel: A Public Path for Europe’s Green Industrial Strategy, published by the Rosa Luxemburg Foundation (Brussels Office) and communia (Germany). The event, hosted by MEP Marina Mesure (The Left), will take place on Wednesday, 25 March, from 16:00 to 18:00 in Room SPAAK 7C50 at the European Parliament.
The European steel industry is facing a profound crisis: overproduction, capital-intensive investment needs and oligopolistic competition now collide with the imperative of rapid decarbonization. Mass layoffs and delayed green steel investments are unfolding across the continent, all while major producers report billions in profits.
How can Europe resolve the growing tension between climate neutrality and industrial competitiveness? Is the current model of derisking investments sufficient – or does the scale and nature of the crisis require a more fundamental shift toward public ownership and planning?
The new study by the Rosa Luxemburg Foundation and communia examines the structural crisis of the European steel sector, situating it within EU industrial policy and the broader political economy of decarbonization. It argues that the existing approach – preserving the status quo through subsidies and market-correction mechanisms – fails to address the underlying structural contradictions. Instead, the study makes the case for public, democratic ownership and coordinated European planning as a viable path forward.
The event will feature a presentation of the study’s key findings by its authors, followed by a panel discussion with representatives from trade unions and industrial policy experts. Together, we will discuss how Europe can secure jobs, decarbonise heavy industry and regain democratic control over strategic production.
Please sign up HERE. If you need assistance accessing the European Parliament, please make sure to register by 20 March at the latest.