European metals industry initiates green transition pathway

Tuesday, 12 September 2023 15:37:47 (GMT+3)   |   Istanbul
       

The European metals industry, including both ferrous and non-ferrous metals, has initiated the process to establish its own EU Transition Pathway in collaboration with the European Commission, according to a joint letter by the European Association of Metals (Eurometaux) and the European Steel Association (EUROFER).

The objective of this comprehensive plan is to ensure the sustainability of the metals sector, aligning it with the overarching objectives of the green and digital transition of the EU’s economy.

The Transition Pathway for Metals will lay out the main challenges to be faced in the European metals sector’s transition towards 2050, the investments required, and the necessary policy framework and conditions to encourage these investments. The process will accelerate over the next semester, with the objective of completing the work by the end of March 2024.


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