Steel is the most versatile industrial material in the world. The thousands of different grades and types of steel developed by the industry make the modern world possible.
Steel is 100% recyclable and therefore is a fundamental part of the circular economy.
As a fundamental engineering material, steel is also an essential factor in the development and deployment of innovative, CO2-mitigating technologies, improving resource efficiency and fostering sustainable development in Europe.
Ahead of today’s European Parliament vote on the Carbon Border Adjustment Mechanism (CBAM), Europe’s steel industry is calling on MEPs to close remaining loopholes and secure a level playing field for European steelmakers investing billions in low-carbon production.
Steel in Action 2026
Brussels 17 July 2026 - Statement by EUROFER Director General Axel Eggert on the European Commission's proposal to revise the EU Emissions Trading System (ETS):
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