Great Britain

Safeguards protecting the UK sector from trade diversion will expire in 2026

Total volume of the quota for the two subcategories will be 3.3 million tons per year

The government plans to coordinate the reforms of the national ETS with the introduction of its own analogue CBAM

Steel producers are concerned that dumped steel may be diverted to the country

There remains a significant gap between the cost of electricity for British steelmakers and their European competitors

Unimetals Group became the buyer, the asset consists of 28 objects

The proposal includes dividing the quota into two categories

The UK could lose £8 billion in income over the next 5 years if it stays out of the EU carbon market

The mechanism proposed in the United Kingdom has certain differences from the European one

Tata Steel will not manufacture these products for sale in the country

South Africa notes that this step may contradict WTO rules

The wholesale price of electricity in Britain has recently exceeded its cost in France and Spain