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CBAM, CO2-linked trade measures to accentuate decline in global steel trade: Aco Brasil

October 3, 2023 Comments Off

Carbon-related trade measures like the EU’s Carbon Border Adjustment Mechanism (CBAM) are likely to accentuate an existing decline in global steel trade levels, speakers at the Brazilian Steel Institute (Instituto Aco Brasil) annual congress said in Sao Paulo Sept. 27. CBAM, an import tax on a product’s carbon content, will be introduced on a transitional basis in the EU Oct….