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Industry, non-governmental organisations and Members of the European Parliament are dissatisfied with the proposals under the ETS reform

The mechanism and the requirements it imposes are already putting pressure on Ukrainian exporters of steel products

The sector’s costs could rise by $300–350 million, whilst sales could fall by $0.9–$1.1 billion

The draft document is open for comments until 6 August

Support was also given to the establishment of a Temporary Decarbonisation Fund

The industry association highlights a number of factors that could increase the administrative burden

The price for the period has been set at €75.28 per tonne of CO₂

Experts are calling for government intervention and assistance

Major market players have called for the integrity of the ETS to be preserved

An increase in imports not covered by these schemes could negate the actual benefits of the measures

On 6 July, the European Commission will announce the official price of the certificate

Kazakhstan exports over €600 million worth of steel and aluminium products to the EU every year