Steel plays a vital role as an enabler for transitioning to a CO2 neutral and circular economy. The fact that steel maintains its inherent properties, through multiple recycling loops, means it remains permanently available to the society. However, there are still some aspects of policy that fail to recognise and limit our contribution to a more circular economy. The main issues and proposed solutions are summarised below and further detailed in the attached paper sent to the open feedback consultation by the EU Commission.
These are the main areas covered in this position paper:
A look at EU climate policy and its impact on the European steel sector on 17 March 2021 from 14:30
Missed it? Watch the joint EUROFER and WV Stahl webinar of 24 February here.
EUROFER contribution to the EU COM questions to the Platform on Sustainable Finance on transition financing (questions 1, 2, 6)