Asia Pacific > Compliance Markets & Taxes > Steelmaker applies $157 mln carrying cost borne from Australia’s Safeguard Mechanism

Steelmaker applies $157 mln carrying cost borne from Australia’s Safeguard Mechanism

Published 20:15 on February 16, 2026 / Last updated at 20:15 on February 16, 2026 / / Asia Pacific (Compliance Markets & Taxes, Pacific), Net Zero Transition (Industrial Decarbonisation)

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A steelmaker estimates it would cost some $157 million to comply with Australia’s Safeguard Mechanism without any mitigating actions, according to its half-year results.
A steelmaker estimates it would cost some $157 million to comply with Australia’s Safeguard Mechanism without any mitigating actions, according to its half-year results.


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