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Input for the consultation on the new circular economy action plan
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Steel is one of the most recycled materials in the world, playing a vital role as an enabler for transitioning to a CO2 neutral and circular economy. It is possible to recycle steel multiple times into same quality or even better quality steel, a permanent material. Steel inherent properties make it more versatile, durable and even separable than other materials. Thus, steel is a material permanently available to society, a “permanent material”.
However, notwithstanding the previous EU action plan on circular economy, there are still barriers which limit the contribution of the steel sector to the EU transition towards a circular economy. In the following paragraphs, EUROFER summarises its suggestions and proposals on how to support the initiatives contained in the roadmap and how to achieve the goals without hampering the industrial transition.
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Industry welcomes the European Commission’s work on the development of a regulatory framework for CO₂ transport infrastructure, which will be critical to achieving the EU’s climate objectives and enabling the scale-up of Carbon Capture, Utilisation and Storage (CCUS) as part of an integrated value chain, including emitters, transport, storage operators, and CO2 offtakes for use in products.
Brussels, 19 May 2026: Europe’s steel industry has welcomed today’s approval by the European Parliament of the new EU steel trade measure, calling it an important step towards addressing the growing pressures facing the sector from record imports, global overcapacity and rising international protectionism.
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.