CBAM > CBAM to add up to 56% to imported cost of steel from India and China by 2034 –report

CBAM to add up to 56% to imported cost of steel from India and China by 2034 –report

Published 14:34 on September 21, 2023  /  Last updated at 14:34 on September 21, 2023  / Alessandro Vitelli /  CBAM, China, EMEA

The cost of importing steel into the EU from India and China could rise by 49% and 56% respectively when the EU’s carbon border adjustment mechanism is fully implemented by 2034, analysts estimated in a report published on Thursday.
The cost of importing steel into the EU from India and China could rise by 49% and 56% respectively when the EU’s carbon border adjustment mechanism is fully implemented by 2034, analysts estimated in a report published on Thursday.


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