As part of the plan, the commission will introduce a new long-term safeguard measure to replace the current one, which expires in 2026. It additionally intends to roll out targets for the use of recycled steel and aluminum in key sectors. Also, the commission will work to de-risk decarbonization by introducing resilience and sustainability criteria for European products in public procurement. 

“The steel industry has always been a core engine for European prosperity. Next-generation, clean steel should therefore continue to be manufactured in Europe. That means we have to help our steelmakers who are facing strong headwinds on the global market,” said European Commission President Ursula von der Leyen. 

"To make sure they remain competitive, we must reduce energy costs and help them introduce innovative, low-carbon technologies to the market. With today's Action Plan we are offering concrete solutions for a thriving European steel industry."

The European Steel Association applauded the plan, saying that it “provides the right diagnosis to the existential challenges facing the European steel industry.” The association is urging the EU to swiftly implement the plan. 

“With (the) steel and metals action plan, the European Commission is sending a clear message: a strong European Union needs a strong European steel industry," said Henrik Adam, president of the European Steel Association (EUROFER). 

“From addressing unfair trade to closing loopholes in the Carbon Border Adjustment Mechanism to recognizing the strategic and environmental value of steel scrap, the Action Plan identifies crucial areas for our sector. Now it’s time to implement meaningful solutions through ambitious measures.”