31
May
15:22
EU steelmaker executives warn of 'premature' CBAM transition
An array of top EU steelmaker executives have put their names to an open letter warning the European Commission to avoid a “premature” transition from free carbon emissions allocations to the untested Carbon Border Adjustment Mechanism (CBAM).
The proposed acceleration of this transition would weaken carbon leakage protection, favouring international competitors which are not subject to equivalent carbon costs. “In Europe, new allocation rules wi…
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Anonymous
Very good overview of the weekly steel market.
Anonymous