CBAM creates a new frontier of opportunity for low-emissions producers who can offer cost-effective, sustainable alternatives.

The UK and EU have agreed a Common Understanding to work toward linking their respective Emissions Trading Systems (ETS), the governments announced at the EU-UK summit in London on Monday May 19.

The European Union’s Carbon Border Adjustment Mechanism will be implemented in seven months’ time but the region’s steel industry was still not fully prepared for the gradual changes the system will involve, Fastmarkets heard on Thursday May 8 at the Made in Steel trade fair in Milan, Italy.

The UK government published a draft primary legislation for its carbon border adjustment mechanism (CBAM) on Thursday April 24, with aluminium, iron and other steel goods all set to come under the policy.

With the race to decarbonize the steel sector gathering pace around the world, Fastmarkets reached out to subject experts in Europe, to discuss the major challenges and opportunities that lie ahead in the new, green steel landscape.

Steel market participants gathered at the Nordics regional meeting of steel distributors’ association Eurometal in Copenhagen, Denmark on Thursday October 5, where key discussion topics were how the EU’s Carbon Border Adjustment Mechanism (CBAM) will operate and the risks importers face once it reaches final implementation

Key talking points from the Nordics regional meeting of steel distributors’ association Eurometal, held in Copenhagen, Denmark, on Thursday October 5

Industry association European Aluminium has warned of the negative impact of including indirect emissions in the European Union’s Carbon Border Adjustment Mechanism (CBAM)

Trade body European Aluminium and the European steel association, Eurofer, have teamed up with other sectors facing a proposed carbon levy on imports, to call for a gradual implementation of the new regulations supporting the EU's transition to climate neutrality by 2030

Five associations representing carbon-intensive industries in Europe have joined forces to demand changes to the scope of the European Union’s Carbon Border Adjustment Mechanism (CBAM). Signed on Wednesday, January 25, one of the five signatories to the joint statement, the European steel association Eurofer, released the statement to the public domain on January 27. The […]