CBAM - Latest news GMK Center

The association is calling for the mechanism to be expanded, loopholes to be closed, and support for decarbonization to be accelerated

Of course, a deferral of a few years won’t fix everything

The hardest hit will be the long products and billets sectors, while risks for flat products will rise sharply after 2029

Future of two integrated steel mills in question

GDP impact could be higher, depending on changes in the post-war structure of Ukraine's economy

Ukraine is forced to reduce its exports to this market and is losing out on foreign exchange earnings

The event will provide an overview of the latest news on regulations, trends, prices, and supply and demand for green steel

New quotas and higher tariffs could significantly limit supply

In particular, the parties discussed the recognition of emission verification procedures for Turkish exporters

In the context of war and infrastructure destruction, this mechanism poses significant risks to Ukrainian industry

Domestic businesses, in particular, are already facing challenges related to the CBAM

Electricity accounts for over 35% of the country's total exports