ArcelorMittal

Steels recyclability is a strategic advantage for Europes green transition. Smart policies that prioritize scrap quality, CRM recovery, and domestic processing will accelerate decarbonization, strengthen resource security, and maintain EU industrial competitiveness.

ArcelorMittal welcomes LIAA’s goal to increase the share of manufacturing to at least 20 % of EU gross value added and to stimulate demand for low-carbon materials, including lacier. However, the current proposal has weaknesses and loopholes that do not allow for the effective creation of lead markets for low-carbon lacier.

Filed in French · English published by the European Commission

rcelorMittals welcomes the objective of the Industrial Accelerator Act and its goals to increase manufacturing to at least 20% of EU gross value added and boost demand for lowcarbon materials, including steel. However, the current proposal contains weaknesses and loopholes that risk failing to create effective lead markets for lowcarbon steel.

ArcelorMittals welcomes the objective of the Industrial Accelerator Act and its goals to increase manufacturing to at least 20% of EU gross value added and boost demand for low carbon materials, including steel. However, the current proposal contains weaknesses and loopholes that risk failing to create effective lead markets for low carbon steel.

ArcelorMittal is a leading steel and mining company with a presence in 60 countries and an industrial footprint in 15. The company is a key supplier of high-quality steel to major markets, including automotive, construction, household appliances, and packaging.

ArcelorMittal welcomes the opportunity to contribute to the call for evidence in view of the reform of the EU public procurement rules. We therefore submit our key highlights and proposals in the attached document.

Please find attached ArcelorMittals contribution to the call for evidence regarding the revision of the Taxonomy Climate Delegated Act. We thank the European Commission for the opportunity to provide input. Our comments and proposals focus on the key issues of particular relevance to the steel sector.

The proposed regulation on Clean Corporate Fleets presents an opportunity to accelerate the decarbonisation of the entire European automotive ecosystem, beyond tailpipe emissions. This should include European content requirements for components and materials, such as steel, being subject to the EUs emissions trading system and at a high risk of carbon leakage.

We highly appreciate the progress made on CBAM in the Steel & Metals Action Plan earlier this year. Particularly the recognition and the planned solution to Resource Shuffling in that document is essential to avoid carbon leakage and enable investments in the EU.

The principle that any recognition of carbon costs paid outside the EU should remain fully aligned with the rules and principles of the EU Emissions Trading System (EU ETS). Any divergence from ETS rules risks undermining the environmental integrity of the CBAM and weakening the carbon leakage protection provided to European industry. Please see attached

Policy should be recognising only effective, explicit and net carbon price paid in countries of origin with ambitious, transparent and robust climate legislation. The deduction for the carbon price paid in the country of origin plays an important role in the equation calculating the final CBAM costs.

During a transitional period (e.g. until 2030), the CBAM levy of CBAM steel goods (i.e. customs codes as of 7205) should be based on the default values of the country of origin (based on the most carbon-intensive production route) in order to avoid resource shuffling.

As one of Europe's largest industrial companies, ArcelorMittal welcomes the European Commission's initiative to develop a dedicated Research and Innovation Strategy for Water Resilience. Water resilience should not be considered solely as an environmental objective. It is increasingly becoming a prerequisite for industrial resilience, competitiveness, decarbonisation and European strategic autonomy.

CBAM benchmarks should reflect best environmental practices. The CBAM benchmarks are meant to reflect the level of free allocation granted to European industry in order to ensure an effective carbon leakage protection and a level playing field with importers. Therefore, they play a major role in the calculation of the CBAM obligation, since they are discounted from the total costs of embedded emissions.