CBAM - Latest news GMK Center

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

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

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

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

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

CISA called for further negotiations with the EU on climate issues

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

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

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

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

Market participants are concerned about the unpredictability of carbon costs

The country's steelmakers are implementing technologies to meet their own climate goals