The European Steel Association (EUROFER) has welcomed the European Parliament's approval of a resolution demanding technically and economically feasible climate and energy targets for Europe's steelmakers within the European Union's steel action plan.
According to EUROFER, the European Parliament's resolution acknowledges that the steel sector forms "the basis for the generation of European industrial value added and has a strategic importance for several major European industries, such as terrestrial and naval transport, construction, machinery, electrical household appliances, energy and defense." The resolution stresses that "sustainable growth depends on a strong European industry, and therefore urges the Commission and the Member States to support the strategic development of key steel-using sectors. It acknowledges that steel products play an important role in enabling the transition to a knowledge-based, low-carbon and resource-efficient economy."
The resolution also stresses that the 2030 climate and energy policy targets must be technically and economically feasible for EU industries and that best performers should have no direct or indirect additional costs resulting from climate policies.
