CBAM - Latest news GMK Center

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

The initial stage will be crucial to assess the reliability of the mechanism

The country's steelmakers are already working on the decarbonization of production

European steelmakers are also concerned about the mechanism's impact on exports from the bloc

It is difficult for the industry of the region to timely fulfill the established requirements for further access to the EU markets

EAF steelmakers will gain cost advantages behind BF-BOF

Steelmakers could be able to transfer carbon costs onto end customer