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Priority transport issues for the European steel industry
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Transport plays a central role for the EU steel industry in its competitiveness within and outside of EU borders as it accounts for up to 15% the steel sector’s total costs. A functional single market, with established principles of free movement of goods and services, is a necessary foundation on which the more than 500 steel processing and production sites in 24 steel-producing member states of the EU rely on in their everyday operations.
Brussels, 6 May 2026 - Europe’s steel industry has warned that the EU’s proposed Industrial Accelerator Act (IAA) risks undermining its industrial and climate ambitions, unless it ensures that demand for low-carbon steel prioritises production within the EU.
EUROFER strongly supports the Act’s objective of creating lead markets for low-carbon steel as a critical tool to unlock the massive investments needed for the green transition of the European steel industry and facilitate the market uptake of low-carbon steel.
The signatories call on the European Parliament and Council to ensure an effective and broad extension of the CBAM to relevant steel and aluminium intensive downstream industries.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
