08
Feb
08:08
Small Indian mills may struggle with CBAM: source
India has seen a flurry of decarbonisation related announcements from the government and steel industry this week. Market sources note this is positive, but warn that smaller sized mills will face difficulties while exporting to Europe because of the Carbon Border Adjustment Mechanism (CBAM), Kallanish notes.
A market source says, “[From] January 2026 onwards European export mills will need to declare initial values, as 2026 onwards duties will get applied. …
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Anonymous
Very good overview of the weekly steel market.
Anonymous