CBAM may raise steel trade tensions, prices in ‘inevitable’ greening process: Alacero
October 24, 2023 Comments Off
The European Union’s Oct. 1 introduction of its Carbon Border Adjustment Mechanism, or CBAM — albeit in a transitional phase — risks heightening tensions in steel trade with Latin America, where a steel products imports flood is intensifying, Alejandro Wagner, executive director of Latin American Steelmakers’ Association Alacero, said in an interview. CBAM won’t have any immediate impact on Latin…
CBAM may raise steel trade tensions, prices in ‘inevitable’ greening process: Alacero
The European Union’s Oct. 1 introduction of its Carbon Border Adjustment Mechanism, or CBAM — albeit in a transitional phase — risks heightening tensions in steel trade with Latin America, where a steel products imports flood is intensifying, Alejandro Wagner, executive director of Latin American Steelmakers’ Association Alacero, said in an interview. CBAM won’t have any immediate impact on Latin…
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