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Using the standard EN 19694-2 and appropriate thresholds for the use of scrap for an EU Taxonomy fit for purpose
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This short paper summarises our proposal for the use of the EN 19694-2 in place of the ETS benchmarks and the modification of the scrap eligibility criteria for the EU Taxonomy. EUROFER has provided a more detailed position in its contribution to the inception impact assessment on the EU taxonomy.
EN 19694-2 in place of ETS benchmarks
The steel value chain is a complex system of interconnected processes producing steel essentially via 2 complementary process routes:
We would like to reiterate that, in order to understand and assess/evaluate the environmental impact of activities of the steel industry, the entire life cycle needs to be taken into consideration, this in line with Article 19 (g) of the regulation. As part of a life cycle approach, it is key to assess the performance along the entire steel value chain, including all inter-connected steelmaking processes, in order to have consistent data and avoid misleading results which would compromise the existence of sustainable steel value chains in Europe.
This paper was updated on 21 October 2020.
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Brussels, 02 July 2025 – The 90% climate target proposed today by the European Commission demands an unprecedented transformation of EU society and industry in just 15 years. The European steel industry is already doing its part, but a viable business case for the transition is still lacking. To enable it, the EU needs to implement the Steel and Metals Action Plan much more decisively, delivering a highly effective trade protection against global overcapacity, access to internationally competitive low carbon energy and scrap, and a watertight CBAM, says the European Steel Association.
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