EU bets on green steel to boost homegrown industry
16 feb. 2026
16:40
Brussels wants at least a quarter of publicly procured steel to be low-carbon, a new EU draft reveals. This could be good news for impact investors with stakes in green steel startups such as Stegra.
The European Commission is pushing green steel through a new proposal that will create demand via public procurement, reports Bloomberg.
Under the bloc's upcoming Industrial Accelerator Act – also called the "Made in Europe" law – at least 25% of steel used in public procurement and subsidy programmes must be low-carbon, according to the draft proposal.