EU steelmakers urge slower ETS free allowance phase-out ahead of carbon market review

17th July, 2026

Zak Jakubowski
Worker welding metal with bright orange sparks flying in industrial setting.

European steelmakers have urged the European Commission to rethink the pace of planned reforms to the EU Emissions Trading System (ETS), a move that could influence compliance costs and trading in Europe's benchmark carbon futures market.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP
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