CBAM

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CBAM is an important part of the company’s business model – H2 Green Steel

Green steel can become competitive with carbon-containing analogues within ten years

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India is concerned about a potential British equivalent of CBAM

The country seeks to provide a mechanism for resolving these issues in a free trade agreement

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Japanese steelmakers point to problematic issues regarding CBAM

One of the caveats is the large volume of data required by the European reporting system

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UK plans to introduce a carbon tax in 2026

In this way, the country will protect local producers from unfair competition from regions with lower carbon costs

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Latin America may introduce regional equivalents of CBAM

In this way, the countries of the region can balance trade in the future

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India to oppose CBAM at World Trade Organization

At the same time, the country's producers consider it necessary to study the barriers to cheap imports

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Türkiye plans to introduce a national emissions trading system in 2024

The system will be developed in line with the EU's CBAM

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Chinese steelmakers see CBAM as a new trade barrier

CISA called for further negotiations with the EU on climate issues

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Spanish steelmakers are calling for the creation of an administration to manage CBAM

The industry is asking to speed up the process to regulate issues related to this mechanism

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CBAM implementation can increase the value of Bharat’s exports by 20-35%

A country can oppose the mechanism or work with it within the framework of its own initiatives

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Implementation of CBAM will affect only a part of US exports to the EU

The mechanism could help US companies bypass Chinese competitors in the European market

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The implementation of CBAM carries the risks of the emergence of two parallel markets – expert

According to experts, it may be about the market of ecological steel from the EU and the consumer market outside Europe

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