13
Dec
09:09
ArcelorMittal proposes green border adjustment for EU imports
ArcelorMittal has called for Europe to introduce a green border adjustment whereby steel imported into Europe has the same standards applied on CO₂ as European-produced steel under the Emissions Trading System (ETS) regime. The adjustment would call for any shortfall in CO₂ emissions to be compensated by the importer. The green border adjustment would incentivise effective reduction in carbon emissions and prevent the competitiveness of the European steel industry …
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Anonymous
Very good overview of the weekly steel market.
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