Discover EU CBAM: Five questions answered

2024-02-28 Producer News, Market News, Distributor News Europe
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SMR has compiled insights into five essential aspects of the Carbon Border Adjustment Mechanism (CBAM), which has already been operational for five months.
Although it's too early to evaluate CBAM's effectiveness, the mechanism has sparked various reactions among industries' stakeholders and raised numerous questions. Its innovative approach has been a source of pride for its creators, while exporters view it with a mix of fear and curiosity. EU importers tasked with compliance have expressed frustration and opposition, first of all, about its current design and way of implementation. Here are concise answers to five pressing questions with a focus on the stainless steel market. Continue Reading? Please click box below!

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