AI Summary

A joint letter urges the EU to include low‑carbon steel credits in its review of car CO₂ emission standards, arguing that a well‑designed credit system would create a predictable demand for genuinely low‑carbon steel and support a future green steel industry in Europe. The letter notes that many green steel projects have been announced across the continent in recent years, but several face setbacks because of insufficient offtake for low‑carbon steel products. By establishing a lead market through credits, the authors believe the industry could secure a stable future and accelerate the transition to lower‑emission automotive manufacturing.

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