CBAM - Latest news GMK Center

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

European steelmakers have noted many improvements proposed for the mechanism

CBAM and steel import quotas were designed to protect European producers, but now they risk hurting a future EU member’s industrial backbone

ArcelorMittal Kryvyi Rih has not yet been able to offset the loss of European export orders due to protectionism

Most countries are opposed to granting the European Commission overly broad powers to exempt certain goods from the scope of the CBAM

Regional governments could consider introducing carbon taxes, according to an expert