EU Carbon Border Adjustment Mechanism explainer

Earlier this year, the EC adopted a package of proposals under the EU Green Deal, which included a Carbon Border Adjustment Mechanism (CBAM) for imported products. Fastmarkets outlines what this will mean for the iron, steel and aluminium sectors.

Adopted by the European Commission on July 14, 2021, CBAM will apply to imports into the EU of iron, steel and aluminium, along with cement, fertilizers and electricity.

Why is...

Published

Maria Tanatar

November 22, 2021

08:50 GMT

London