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Steel industry feedback on the substantiating green claims initiative
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The European Steel Association - EUROFER, supports the establishment of a common and consistent assessment framework that will, in principle, reduce costs for industry by limiting the proliferation of assessment methods and labels.
This should help keep access to a single market without barriers to trade, and also ensure that the environmental impact of imported goods can be properly assessed. The initiative should also reduce the possibilities for greenwashing, where comparisons are made using inconsistent data and advantageous assumptions.
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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.
EUROFER strongly supports the Act’s objective of creating lead markets for low-carbon steel as a critical tool to unlock the massive investments needed for the green transition of the European steel industry and facilitate the market uptake of low-carbon steel.
The signatories call on the European Parliament and Council to ensure an effective and broad extension of the CBAM to relevant steel and aluminium intensive downstream industries.