Industrial Accelerator Act launches lead markets - but more is needed to support green steel “Made in Europe”
The European Steel Association (EUROFER) has called on EU lawmakers to urgently adopt the new steel trade measure proposed by the European Commission last year, warning that weakening the proposal would put the European steel industry at risk.
First quarter 2026 report. Data up to, and including, third quarter 2025
The new Waste Shipment Regulation entered into force on 20 May 2024, with most of its provisions—including critical operational requirements—set to apply from 21 May 2026.
Brussels, 25 March 2026 - The European Steel Association (EUROFER) has warned that the latest OECD data released in Paris today confirms a deepening global steel crisis and urged the EU to act swiftly to adopt its new steel trade measure.
Brussels, 14 April 2026 – Europe’s steel industry has welcomed the conclusion of EU negotiations on a new trade measure for steel, calling it an unprecedented response that will protect European steel capacity, safeguard more than 230,000 jobs and stabilise a sector pushed to the brink by record imports and global overcapacity.
The signatories call on the European Parliament and Council to ensure an effective and broad extension of the CBAM to relevant steel and aluminium intensive downstream industries.
EUROFER strongly supports the Act’s objective of creating lead markets for low-carbon steel as a critical tool to unlock the massive investments needed for the green transition of the European steel industry and facilitate the market uptake of low-carbon steel.
Brussels, 19 May 2026: Europe’s steel industry has welcomed today’s approval by the European Parliament of the new EU steel trade measure, calling it an important step towards addressing the growing pressures facing the sector from record imports, global overcapacity and rising international protectionism.
Industry welcomes the European Commission’s work on the development of a regulatory framework for CO₂ transport infrastructure, which will be critical to achieving the EU’s climate objectives and enabling the scale-up of Carbon Capture, Utilisation and Storage (CCUS) as part of an integrated value chain, including emitters, transport, storage operators, and CO2 offtakes for use in products.
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