Publications » Position papers » EUROFER contribution: Platform on Sustainable Finance Draft Report on Activities and Technical Screening Criteria to be Updated or Included in the EU Taxonomy
EUROFER contribution: Platform on Sustainable Finance Draft Report on Activities and Technical Screening Criteria to be Updated or Included in the EU Taxonomy
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The Platform on Sustainable Finance has published a draft report on preliminary recommendations for the review of the Climate Delegated Act and the addition of activities to the EU taxonomy. In particular, the draft presents a set of recommendations for revision of technical screening criteria of activities included in the Taxonomy Climate Delegated Act. The draft report also recommends revisions to DNSH with new criteria, recommends revisions on substantial contribution (SC) by preparing FAQ to address approach for integrated steel mills (FAQ to clarify) and a review in Appendix C.
EUROFER's feedback contribution addresses these specific recommendations in more detail.
Brussels, 20 February 2026 – EU steel exports to the United States fell by 30% in the second half of 2025 compared to the same period in 2024, after the imposition of 50% tariffs according to new Eurostat data. The expansion of the U.S. tariff regime to include downstream steel-intensive products, such as machinery and equipment, is expected to amplify its impact on both EU steel producers and their customers. The European Steel Association (EUROFER) said the figures underscore the need for any EU-US trade agreement to be fair, balanced and enforceable.
Joint Industry Statement
Brussels, 11 February 2026 - The European Steel Association (EUROFER) has backed a call to action adopted by European companies and industries in Antwerp today, which includes a demand on the EU to take urgent action to bring electricity prices down as a condition for Europe’s industrial drive, competitiveness and economic resilience.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
