【SMM Steel】Europe's steel industry calls for stronger 'Made in Europe' rules in draft Industrial Accelerator Act

Published: Mar 4, 2026 17:41

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【SMM Steel】Europe's steel industry warns the draft Industrial Accelerator Act risks channeling public funds for low-carbon steel to non-EU producers. It requires 25% low-carbon steel in public procurement but lacks binding "Made in Europe" rules. Industry supports the Act's goal to boost demand but wants stronger local provisions. EUROFER says steel is strategic for Europe's clean energy, auto, and defense sectors, and true autonomy needs robust local production requirements.

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