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Strategic Steel Solicits Stringent Sovereignty Standards
European steel industry warns the draft Industrial Accelerator Act could direct public support to non-European producers despite requiring 25% low-carbon steel in procurement. EUROFER demands binding "Made in Europe" provisions ensuring steel melted & poured in EU/EEA territories qualifies for support. The organization emphasizes steel's strategic importance for European sovereignty while highlighting tens of billions in required decarbonisation investments amid high electricity costs.
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