International > CBAM & Tariffs > Demand rebound for EU steel not yet in sight, but CBAM will help once effective

Demand rebound for EU steel not yet in sight, but CBAM will help once effective

Published 13:55 on February 8, 2024 / Last updated at 17:45 on February 8, 2024 / / EMEA (Compliance Markets & Taxes, Europe), CBAM & Tariffs

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Persistent downside factors have deepened a crisis in the EU steel and are set to curb what the ETS-covered sector hoped to be a demand rebound in 2024, while the Carbon Border Adjustment Mechanism (CBAM) may fix the problem in the future, according to market data published on Thursday.
Persistent downside factors have deepened a crisis in the EU steel and are set to curb what the ETS-covered sector hoped to be a demand rebound in 2024, while the Carbon Border Adjustment Mechanism (CBAM) may fix the problem in the future, according to market data published on Thursday.


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