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03 Nov
09:38

Taiwan CSC levies carbon surcharge from August 2022

Taiwan's China Steel Corporation (CSC) will begin to impose a carbon surcharge on steel exports from August 2022. The move will allow it to pre-empt measures in other regions such as the European Union's carbon border adjustment mechanism, Kallanish notes. CSC chairman Wong Chao-tung says the company's steel product exports to the EU each year total around 330,000 tonnes, accounting for only 3% of the total production of CSC. However, th…
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