Steel Network
13,407.44 TRY BIST 100 BIST 100
43.42 USD USD USD
6.28 CNY CNY CNY
51.79 EUR EUR EUR
0.12 CNY CNY/EUR CNY/EUR
34.13 TRY Interest Interest
69.26 USD Fossil Oil Fossil Oil
13,407.44 USD Copper Copper
168.08 USD Silver Silver
103.38 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
7,761.05 TRY Gold (gr) Gold (gr)
103.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

European Commission Vice-President Séjourné: “Made in Europe” priority should be strengthened in public procurement

European Commission Vice-President Stéphane Séjourné stated that the “Made in Europe” approach, which envisages giving priority to European companies in public procurement across EU member states, should be strengthened.

European Commission Vice-President Séjourné: “Made in Europe” priority should be strengthened in public procurement

European Commission Vice-President Stéphane Séjourné, who is responsible for the EU’s industrial policy, published an opinion piece supporting the “Made in Europe” initiative, signed by more than 1,000 executives from EU-based companies. The article was published simultaneously in France’s Les Echos, Germany’s Handelsblatt, Spain’s El Mundo, and Italy’s Corriere della Sera.

In his column, Séjourné stressed that European countries should prioritize European companies in public procurement in order to protect their industries. “In our most strategic sectors, we must make a genuine European preference permanent. Without an ambitious, effective, and pragmatic industrial policy, the European economy will become nothing more than a playground for its competitors,” he said.

Pointing to the growing prevalence of tariffs, subsidies, export restrictions, and intellectual property violations in global trade, Séjourné warned that international competition is becoming increasingly unfair and argued that the EU must adopt a more proactive stance.

Recalling that major economies—particularly the United States and China—have similar programs supporting their strategic sectors, Séjourné noted that it is inevitable for the EU to adopt a comparable approach.

Emphasizing that the core principle of the “Made in Europe” strategy is clear, Séjourné stated: “Wherever public money is spent in Europe, it must contribute to European production and employment.”

The European Commission is expected to unveil its proposed “Industrial Accelerator Act” by the end of February, aimed at supporting European industry. The proposal is expected to include provisions introducing a “Made in Europe” requirement in public procurement.

While France is leading the initiative, several EU member states argue that local-content requirements could deter investment, increase costs in public tenders, and weaken the bloc’s global competitiveness.

Meanwhile, Türkiye maintains that factors such as the Customs Union, the existing level of economic integration, and regulatory alignment should be taken into account, and that Türkiye should be considered within the scope of the “Made in Europe” concept.

AA

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

POSCO holdings’ profit decreases due to one-off construction-related costs

Monday, February 2, 2026

Exports decreased by 3.9% in January, while the foreign trade deficit increased by 11.2%

Monday, February 2, 2026

Türkiye's scrap import route has changed: the US declined and the CIS increased

Monday, February 2, 2026

TIM WINGS registration platform opened to women exporters

Monday, February 2, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now