BRIEFING: EU steel industry warns of deindustrialisation, unless ETS is reformed

Published 14:52 on July 30, 2025 / Last updated at 01:37 on July 31, 2025 / / EMEA (Compliance Markets & Taxes, Europe), Insights (Briefings), Net Zero Transition (Industrial Decarbonisation)

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The European steel industry is calling for a fundamental rethink of the EU’s 2040 climate policy framework, warning that current plans risk “deindustrialisation” unless reforms are made to support the industry’s decarbonisation efforts, and provide stronger protection from global competition.
The European steel industry is calling for a fundamental rethink of the EU’s 2040 climate policy framework, warning that current plans risk “deindustrialisation” unless reforms are made to support the industry’s decarbonisation efforts, and provide stronger protection from global competition.


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