EC to support wind power industry to decarbonize steel industry

Friday, 15 September 2023 11:33:18 (GMT+3)   |   Istanbul

The European Commission will support the EU’s wind power industry, which is currently facing a unique mix of challenges, for the aim of decarbonizing the steel industry, Commission President Ursula von der Leyen has said in a statement.

“From wind to steel, from batteries to electric vehicles, our ambition is crystal clear: the future of our clean tech industry has to be made in Europe. Therefore, starting from this month, we will hold a series of Clean Transition Dialogues with industry. The core aim will be to support every sector in building its business model for the decarbonization of industry, because we believe that this transition is essential for our future competitiveness in Europe,” Ursula von der Leyen stated.

Welcoming the vision for a renewed Industrial Strategy, the European Steel Association (EUROFER) stated that the European steel sector, which has launched over 60 industrial-scale decarbonization projects, stands ready to engage with the Commission to develop and implement the urgent actions needed to boost the whole European clean-tech ecosystem.


Similar articles

Italian longs prices stable but bullish mood persists

15 May | Longs and Billet

Thyssenkrupp reports net loss and lower sales for Q2 FY 2025-26

15 May | Steel News

EU steel sector calls for strict third-country carbon price rules under CBAM

15 May | Steel News

Stegra secures €1.5 billion debt funding for green steel plant completion

15 May | Steel News

Romanian longs prices rise further, market doubtful of sustainability of uptrend

14 May | Longs and Billet

Local Polish scrap market edges up slightly

14 May | Scrap & Raw Materials

EU HRC prices soften further despite mills’ attempts to support July offers

14 May | Flats and Slab

Vallourec’s revenues decline in Q1 2026 while EBITDA margin improves

14 May | Steel News

EU lawmakers call for special CBAM treatment for Ukraine amid war-related challenges

14 May | Steel News

Spain’s Sidenor to invest €13.6 million to modernize Basauri steel plant

14 May | Steel News