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22 May
09:46

CBAM gets final approval, transitional phase from October

The new Carbon Border Adjustment Mechanism (CBAM) legislation has officially been approved and published, giving the go ahead for the implementation of the first transitional phase from October. During the first transitional phase, importers of steel products in Europe will need to implement a system to report to authorities imports on an annual basis – the first reporting period ends on 31 January 2024. The transitional phase will serve for all players as a…
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