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EU climate leadership requires airtight carbon leakage measures
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The EU Green Deal is a landmark for the EU leadership in the international fight to climate change. The Green Deal proposes to step up substantially not only the long-term climate objectives for 2050 but also the short-term ones for 2030. Considering the current Intended Nationally Determined Contributions (INDCs) of international partners, this is likely to increase even further the differences in levels of ambition worldwide. This trend can be assessed by the end of 2020, when signatories of the Paris Agreement need to submit their final NDCs as well as their mid-century strategies.
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Proposed credit would allow European carmakers to meet 3% of their CO₂ targets through low-carbon steel made in the EU rising to 7.5% from 2035.
Brussels, 21 October 2026 - The European steel industry welcomes a compromise reached in the European Parliament yesterday on CO₂ standards for cars and vans, which includes a dedicated incentive for carmakers to use low-carbon steel Made in the EU.
As EU steel production rises, helping preserve up to 80,000 jobs, the industry reports €3.4 billion in investment decisions, with a further €2.4 billion expected by year-end.
Brussels, 1 October 2026 - The European Steel Association (EUROFER) has elected Geert Van Poelvoorde, Chairman of the Board of ArcelorMittal Europe Steel, as its new President. Taking office today, Mr Van Poelvoorde said stronger home markets across the steel value chain, secure access to export markets and a strong industrial base will be essential to delivering on the European Union’s ambitions for global competitiveness and strategic autonomy.