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EUROFER contribution to the inception impact assessment on the EU taxonomy
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The European Steel Association, EUROFER, welcomes the opportunity to contribute to the Commission’s Inception Impact Assessment on the EU Taxonomy for Sustainable Finance. On 9 March 2020, the EC Technical Expert Group on Sustainable Finance (TEG) published its final report on the taxonomy. Whilst there have been some improvements, the main concerns of the European steel industry still remain to be addressed.
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Brussels, 12 June 2026 - Europe's steel industry has noted improvements made by EU ministers to the proposed reform of the Carbon Border Adjustment Mechanism (CBAM), but warns loopholes remain that could weaken both Europe's climate ambitions and industrial competitiveness.
EUROFER’s Annual Report 2026 sets out the key economic trends, policy developments and challenges shaping the future of the European steel industry today.
Brussels, 4 June 2026: One year after the United States imposed 50% tariffs on steel imports, European steel exports to the U.S. are down by one-third according to latest figures by the European Steel Association (EUROFER).
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
