Indian steelmakers face CBAM costs triple those of China, webinar hears

Published 11:39 on July 11, 2024  /  Last updated at 11:39 on July 11, 2024  / Chia-Erh Kuo /  Asia Pacific, CBAM, China, Other APAC

Indian steelmakers will likely have to bear costs three times higher than that of their Chinese counterparts under the EU’s carbon border adjustment mechanism (CBAM) if no effective domestic carbon price is implemented by 2030, a webinar heard Thursday.
Indian steelmakers will likely have to bear costs three times higher than that of their Chinese counterparts under the EU’s carbon border adjustment mechanism (CBAM) if no effective domestic carbon price is implemented by 2030, a webinar heard Thursday.


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