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CBAM - Latest news GMK Center

Photo – ArcelorMittal Kryvyi Rih will be forced to shut down its Blooming shop in Q2
ArcelorMittal Kryvyi Rih will be forced to shut down its Blooming shop in Q2

The key factor was the final introduction of CBAM without exceptions for Ukraine

Photo – Importers were unable to adequately prepare for CBAM – Eurometal
Importers were unable to adequately prepare for CBAM – Eurometal

Amid risk assessment, the conclusion of new supply contracts after January slowed down

Photo – British CBAM could hurt the country’s industry – industry groups
British CBAM could hurt the country’s industry – industry groups

Among other things, associations are concerned about possible advantages for foreign competitors

Photo – Without a transition CBAM period, Ukraine will lose the core of its metallurgical industry
Without a transition CBAM period, Ukraine will lose the core of its metallurgical industry

Without a deferral of the carbon tax by the European Commission, Ukraine will lose billions in exports

Photo – The EC proposes provisions for the temporary suspension of CBAM for goods under certain circumstances
The EC proposes provisions for the temporary suspension of CBAM for goods under certain circumstances

The tool aims to prevent price distortions in the EU internal market

Photo – 2025 for carbon markets: new launches and plans
2025 for carbon markets: new launches and plans

Countries intensify efforts to launch national CO2 trading schemes

Photo – European CBAM: how the mechanism will work in 2026
European CBAM: how the mechanism will work in 2026

From January 1, importers of certain goods will bear the financial costs of CO2 emissions

Photo – British exporters will face difficulties amid the final implementation of CBAM
British exporters will face difficulties amid the final implementation of CBAM

The United Kingdom did not receive an exemption from the mechanism this year

Photo – The new EC proposal on CBAM does not mention an exemption for Ukraine
The new EC proposal on CBAM does not mention an exemption for Ukraine

At the same time, Ukrainian steel industry is critically dependent on exports to the EU

Photo – The EU will not exempt anyone from the CBAM mechanism – European Commissioner
The EU will not exempt anyone from the CBAM mechanism – European Commissioner

There may be an exception for the UK, provided that the parties' carbon markets are merged

Photo – EUROFER and VW Stahl call for revisions to CBAM
EUROFER and VW Stahl call for revisions to CBAM

Associations criticize the European Commission's approach to exports, circumvention of rules, and protection of the production chain

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