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A renewed trade policy for a stronger Europe
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This position paper represents EUROFER's contribution to the public consultation on the EU trade policy review, launched in mid-2020. The questions EUROFER has answered are reflected in this document.
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Ship recycling
Brussels, 24 September 2026 - Europe’s steel industry could see its annual carbon costs rise from around €3.4bn in 2026 to approximately €8.2bn in 2031 under the proposed revision of the EU Emissions Trading System (ETS), even if ongoing decarbonisation projects are fully implemented.
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