A competitive steel industry in the European Union is essential for prosperity, the resilience of industrial value chains, employment, economic security and the green transformation. It offers more than 300,000 employees good industrial jobs with collective bargaining protection and co-determination. Steel is systemically relevant as the foundation of industrial value creation in Europe. Numerous integrated value chains need steel as a basic material. What’s more, as a high-tech material, steel paves the way for the green transformation. Without steel, no wind turbine would turn. Not a single kilowatt hour of electricity could be transported. Without steel, no electric car would drive even one kilometer.