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Commission launches Steel and Metals Action Plan under Clean Industrial Deal

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Published on: 19 March 2025

Published by LNB News

LNB News 19/03/2025

Document Information

Issue Date: 19 March 2025

Published Date: 19 March 2025

Jurisdiction(s): European Union

Article summary

The European Commission (EC) published an Action Plan for Steel and Metals on 19 March 2025, as part of its Clean Industrial Deal initiative. The plan outlines measures to support the EU steel and metals sectors through trade protection, carbon leakage prevention, and energy cost reduction. It includes €150m from the Research Fund for Coal and Steel (2026-27), €600m via Horizon Europe, and plans to mobilise €100bn through a new Industrial Decarbonisation Bank. The EC will review the Carbon Border Adjustment Mechanism (CBAM) in Q2 2025, focusing on export-related carbon leakage and extending coverage to downstream products.

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