CBAM

The initial stage will be crucial to assess the reliability of the mechanism

The country's steelmakers are already working on the decarbonization of production

European steelmakers are also concerned about the mechanism's impact on exports from the bloc

It is difficult for the industry of the region to timely fulfill the established requirements for further access to the EU markets

EAF steelmakers will gain cost advantages behind BF-BOF

Steelmakers could be able to transfer carbon costs onto end customer

China also asks Europe to avoid creating protectionist measures

Total annual export losses could reach $1.4 bln till 2030

Companies lack IT solutions for recording and determining the equivalent of carbon emissions

GMK Center invites representatives of the state, business and the expert environment to join the discussion about the consequences of CBAM implementation

The industry association reminds that many countries are already working on the decarbonization of production

The implementing regulation details the transitional reporting obligations of importers