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Environmentally sustainable taxonomy eligibility criteria
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The steel industry has been invited to participate in the Technical Expert Group (TEG) on sustainable finance, and has provided comments on the second round consultation. As yet these comments have not been considered in the latest draft, and so this paper sets out in further detail the concerns of the steel industry and workable proposals to improve the taxonomy.
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Brussels, 16 September 2026 - Europe’s steel industry has welcomed European Commission President Ursula von der Leyen’s focus on competitiveness, affordable energy and a level playing field, saying these conditions were vital to keep industrial investment and production in Europe.
Ahead of today’s European Parliament vote on the Carbon Border Adjustment Mechanism (CBAM), Europe’s steel industry is calling on MEPs to close remaining loopholes and secure a level playing field for European steelmakers investing billions in low-carbon production.
Steel in Action 2026
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