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EUROFER is located in Brussels and was founded in 1976. It represents 100 per cent of steel production in the European Union. EUROFER members are steel companies and national steel federations throughout the EU. The major steel companies and national steel federations in Switzerland and Turkey are associate members. The European steel industry is a world leader in its sector with a turnover of about 170 billion euros and direct employment of about 330 thousand highly skilled people, producing on average 170 million tonnes of steel per year. More than 500 steel production sites in 24 EU Member States provide direct and indirect employment and a living for millions of European citizens. Closely integrated with the European manufacturing industries, steel producers provide the basic material for innovation, growth and wealth in Europe.