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Home > The European Union Towards the Extension of the Carbon Boundary Adjustment Mechanism (CBAM) to Downstream Products: A Detailed Analysis

The European Union Towards the Extension of the Carbon Boundary Adjustment Mechanism (CBAM) to Downstream Products: A Detailed Analysis

1 October 2024 | Commodities, Commodities, Economy, Futured, Highlights, Market Forecasts - Industrial Metals, News

The European Union (EU) is currently considering extending the Border Carbon Mechanism (CBAM) to include products downstream of those already subject to the CBAM, including iron and steel. This initiative aims to further protect Europe's steel-consuming industries, whose future could be jeopardised by the import of low-cost products with a higher carbon footprint. Thus, the […]

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