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The European steel industry welcomes the Commission proposal for the ‘Clean Steel - Low Carbon Steelmaking’ European Partnership
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The European steel industry welcomes the Commission proposal for the ‘Clean Steel - Low Carbon Steelmaking’ European Partnership
EUROFER, The European Steel Association, and ESTEP, the European Steel Technology Platform, welcome the proposal of the Commission for a co-programmed European Partnership on Clean Steel – Low Carbon Steelmaking.
The European steel community is fully committed to the mitigation of greenhouse gas emissions and to helping to meet the objectives of the Paris Agreement and the EU’s target of reducing domestic CO2 emissions by 80% to 95% by 2050 compared to 1990 levels. We believe that the partnership proposal represents an important step forward towards the demonstration of low-CO2 technologies in steelmaking and our future contribution to the meeting of the targets.
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Late April and early May 2021 have seen record rises in the price of EU emission Allowances (EUAs), reaching €50 per tonne of CO2.
Brussels, 06 May 2021 – The European Steel Association (EUROFER) welcomes the release of the EU’s updated industrial policy strategy, and the inclusion of a specific analysis on steel. It shows the EU’s support for sectors, such as steel, that are strategic to the European economy and that are pushing to rally and decarbonise in the post-COVID era, but that are dependent on an enabling framework preventing carbon leakage.
Second quarter 2021 report. Data up to, and including, fourth quarter 2020.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
