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29 Sep
13:04

CBAM a milestone but must prove effectiveness: Eurofer

The coming into force from 1 October of the EU’s Carbon Border Adjustment Mechanism (CBAM) is a major milestone, but the transitional period will be crucial to assess how effectively it functions, says European steelmakers’ association Eurofer. “The EU steel industry has been shouldering a CO2 price for several years while steel imports from third countries, which on average have a significantly higher CO2 footprint, have been exempted thus far. …
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