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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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Brussels, 26 February 2026 — Europe’s steel industry has warned that the current draft Industrial Accelerator Act could direct public support for low-carbon steel to producers outside the European Union, unless lawmakers include and tighten ‘Made in Europe’ provisions.
Brussels, 24 February 2026 - Europe’s energy-intensive industries have set out a series of proposals to ensure that the EU’s upcoming Electrification Action Plan delivers on its objectives to stimulate and boost electricity consumption in industry. In a joint position paper, industries warn that persistently high electricity prices risk undermining industrial competitiveness and decarbonisation efforts. They call for a policy framework that will enable EU industry in pursuing decarbonisation and industrial competitiveness.
Energy-intensive industries (EIIs) provide direct employment to around 2.6 million people in the EU and represent the foundations of critical and strategic value chains for the EU economy and society. The current economic and energy outlook of the European Union is making investments in electrification and the continued business operation of our sectors at serious risk, should the energy-cost challenge not be solved.
The European Steel Association (EUROFER)
172 Avenue de Cortenbergh
1000 Brussels
Belgium
Email: mail@eurofer.eu
Phone: +32 (0) 2 738 79 20
