Asia Pacific > CBAM to leave Chinese steel, aluminium uncompetitive in Europe without fast emissions cuts, bank warns

CBAM to leave Chinese steel, aluminium uncompetitive in Europe without fast emissions cuts, bank warns

Published 12:45 on September 29, 2021  /  Last updated at 12:47 on September 29, 2021  / Stian Reklev /  Asia Pacific, CBAM, China, International

Chinese steel and aluminium will be priced out of the European market when the EU’s carbon border adjustment mechanism (CBAM) kicks in in 2026, unless the sectors decarbonise fast, according to an analyst report published on Wednesday.
Chinese steel and aluminium will be priced out of the European market when the EU’s carbon border adjustment mechanism (CBAM) kicks in in 2026, unless the sectors decarbonise fast, according to an analyst report published on Wednesday.


A Carbon Pulse subscription is required to read this content. Subscribe today to access our unrivalled news and intelligence, as well as our premium content including all job listings. Click here for details.

We offer a FREE TRIAL of our subscription service and it only takes a minute to register. If you already have a Carbon Pulse account, login here.