Overcoming CBAM challenges for Ukraine and the EU

Solving the existing problems depends on cooperation between Ukrainian and European authorities
CBAM pushes other countries to introduce similar fees – IETA

Some of the states are likely supporters of the mechanism
Italy to discuss amendments to CBAM with the EU

The Italian Parliament approved a proposal obliging the government to cooperate with Brussels
CBAM will increase the export value of Chinese steel products by 4-6%

Chinese experts see green transformation of steel industry as key to industry growth

ANNOUNCEMENT: Fastmarkets International Iron Ore&Green Steel Summit 2024

The conference will discuss the future of the iron ore market and the impact of CBAM on steel production in Europe and beyond
Kazakhstan assesses risks for exporters under CBAM

According to QazTrade, the EU accounts for 39% of Kazakhstan's exports
UK launches consultations on introducing its own CBAM in 2027

The government has proposed seven duty rates – for each individual sector to be covered by the mechanism
European CBAM shows first reporting problems

Only a small number of companies met the deadlines for submitting the first reports under the mechanism

ANNOUNCEMENT: Kallanish Europe Steel Markets 2024

In 2024, steel companies will assess the real impact of CBAM on the industry

Will CBAM protect the European steel industry

14 countries appealed to the European Commission to protect the steel market before the start of CBAM
Germany launches information campaign on CBAM

Many companies are not aware of their obligations under the mechanism
European CBAM will do little to significantly reduce emissions – ADB

The mechanism may lead to a decrease in the volume of Asian exports to the European Union

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