25
Feb
09:18
Rising EU carbon emissions prices worry steelmakers
Carbon allowance prices on the EU Emissions Trading System (ETS) reached a new record high last week, reminding the bloc’s steel sector that the costs of decarbonisation will continue to increase, Kallanish notes.
Between 2008 and 2018 carbon allowances remained at below €20/tonne of carbon dioxide, but towards the end of 2018 and increasingly from 2019 prices have started picking up. In 2019 the EU took excess allowances out of the market. The spike ha…
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous