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EUROFER supports CBAM expansion for metal products processing ahead of European Parliament vote

EUROFER supports CBAM expansion for metal products processing ahead of European Parliament vote

The European Steel Producers Association (EUROFER) has called on members of the European Parliament to support amendments aimed at closing the remaining loopholes in the EU's Carbon Boundary Regulation mechanism (CBAM) and ensuring comparable carbon costs for European steel producers and imported steel products.

Ahead of the vote in the European Parliament on September 15, which provides for the extension of the mechanism to processed products and measures to prevent circumvention of requirements,EUROFER stated that although CBAM entered its final phase in January 2026, many steel mills remain outside its scope. According to the association, foreign manufacturers can therefore avoid CAM costs by refining steel into finished products before exporting it to ЕС.

Amendment I TRE concerning steel products, поддержана

EUROFER thus expressed support for the amendment proposed by the European Parliament's Committee on Industry, Research and Energy (I TRE) aimed at extending CBAM to additional steel products. The association said the measure would help prevent production and related emissions from shifting outside the EU and support demand for European low-carbon steel.

EUROFER CEO Axel Eggert stated that European steel producers are investing billions of euros in low-emission steel production in the face of rising carbon costs, emphasizing that to maintain the economic viability of these investments, equal opportunities are needed game conditions.

Emissions of ferronickel and nickel cast iron provided for поправкой

In addition, EUROFER supports an amendment that will ensure that emissions reductions related to ferronickel and nickel cast iron used in the production of imported stainless steel are taken into account under CBAM. According to the association, this would recognize the advantage of producing stainless steel in Europe, mainly from scrap, with a low carbon content.

The Association also supports an amendment aimed at eliminating a loophole where imported steel can avoid CBAM costs when shipped to the United States. EU for processing and subsequent re-export. EUROFER stated that strengthening CBAM in these areas will help ensure the competitiveness of European steel and steel included in imported follow-on products under comparable carbon conditions, while supporting investment in low-carbon steel production in Europe.

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