In the past 15 years, nearly 100,000 jobs have been lost within the steel sector alone while total production dropped by 30 percent between 2008 and 2023. Losing the steel sites risks adding fuel to Europe’s rising far-right populism, as experts warn “part of the reason that people vote for the far-right is the impact and threat of deindustrialisation” (Photo: Periódico Resumen)

Feature

How an EU-brokered deal saw a collapse in Europe's steel plants

Green Economy

Health & Society

by Wouter van de Klippe, Amsterdam,

One of the biggest steel companies in the Czech Republic faces a severe financial crisis, worsened by alleged mismanagement, high energy costs, and decreased steel demand.

With layoffs, insolvencies, and closures impacting thousands across central Europe, unions and leaders are pushing for a comprehensive EU-backed Steel Action Plan.