Carbon Taxes > International steel competitors may reserve low-carbon products for EU to bypass CBAM -industry

International steel competitors may reserve low-carbon products for EU to bypass CBAM -industry

Published 19:57 on April 9, 2024  /  Last updated at 19:57 on April 9, 2024  / /  Carbon Taxes, CBAM, EMEA, EU ETS, International

International competitors of the European steel industry may bypass the bloc’s Carbon Border Adjustment Mechanism (CBAM) fees by building specific low-carbon facilities whose products will be reserved for the EU market, the head of a regional association said on Tuesday.
International competitors of the European steel industry may bypass the bloc’s Carbon Border Adjustment Mechanism (CBAM) fees by building specific low-carbon facilities whose products will be reserved for the EU market, the head of a regional association said on Tuesday.


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