“Steel products sold on the EU market, whether produced in the EU or imported from third countries, need to have a similar carbon-cost burden or constraint,” Heinz Jörg Fuhrmann, chief executive officer of Austrian steelmaker Salzgitter, said.
“Such World Trade Organization-compliant measures need to be developed as quickly as possible,” he added during a press conference at the event.
The EC is considering setting “eco-duties” on imported steel
to level the production costs between imported and domestically produced material, market sources told Fastmarkets on June 20.
“Assuming a plant emits 1.8 tonnes...