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.
The EUROFER | Engage newsletter will provide monthly updates from the association, consolidating all the news on our website.
Brussels, 09 July 2020 – With the Global Forum on Steel Excess Capacity (GFSEC) having been reactivated, the European Steel Association (EUROFER) has called for an intensification of its ongoing work. The GFSEC is a key forum to establish the transparency necessary to map global overcapacity – a pre-condition to facilitate capacity reductions globally.
Brussels, 08 July 2020 – The European Commission has today launched its ‘Hydrogen strategy for a climate-neutral Europe’, which sets out a plan to establish an integrated hydrogen energy network in Europe by 2050. As a major potential user of clean hydrogen, the European steel industry has welcomed the launch of the strategy.