The analysis overviews steel sector policy advocacy trends:
- The steel sector states top-line support for scaling up renewable energy, but seems to advocate to weaken key policies such as the EU's Renewable Energy Directive (RED) Reform. Some actors in the sector have opposed measures within the EU's RED Delegated Act on GHG emission savings criteria for Renewable Fuel of Non-Biological Origin (RFNBO) and Recycled Carbon Fuel (RCF).
- The EU steel industry takes mostly positive positions on policies to scale up green hydrogen. However, Eurofer and ArcelorMittal advocated for a technology-neutral approach to scaling up hydrogen.
- The steel sector in the EU mostly does not seem to support ambitious carbon pricing policies in the Fit for 55 Package, the EU Emissions Trading System Reform and the Carbon Border Adjustment Mechanism (CBAM).
- The steel industry broadly supports the EU's circular economy policy for products, the Ecodesign for Sustainable Products Regulation, in order to make the steel industry more circular.
