Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
EUROFER says the EU’s draft Industrial Acceleration Act risks sending public support for low-carbon steel to producers outside the bloc unless “Made in Europe” rules are tightened. The association welcomes the plan’s focus on boosting demand for low-carbon steel—seen as critical to unlocking large-scale decarbonisation investment—but warns that the current approach is missing a firm European-origin requirement.
Under the draft, at least 25% of steel used in public procurement and support schemes would need to be low-carbon. EUROFER argues that without binding origin criteria, the policy could unintentionally finance green steel capacity abroad instead of strengthening Europe’s industrial base.
The group is calling for an enforceable definition of “Made in Europe” for steel, based on steel melted and poured in the EU. It also suggests including closely integrated EEA countries such as Iceland, Liechtenstein, and Norway. EUROFER adds that high electricity prices are already inflating operating costs for new low-carbon technologies, and uncertainty over future demand could delay or derail investment decisions.EUROFER also wants steel explicitly recognised as a strategic sector, citing its importance to clean energy, automotive manufacturing, and defence supply chains.
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