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European Edict Eschews 'made-in-EU' for Steel Sustainability
The European Commission's Industrial Accelerator Act mandates 25% low-emission steel for public projects starting 2029, deliberately excluding 'made-in-EU' requirements unlike aluminum & cement sectors. This strategic decision reflects forthcoming trade measures addressing global steel overcapacity while prioritizing environmental performance over regional preferences. The legislation targets 20% manufacturing GDP contribution by 2035, streamlining permitting procedures & establishing performance-based criteria through Ecodesign regulation rather than voluntary labeling schemes.
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