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28 Jul
13:27

Russian steelmakers seek EU carbon tax impact mitigation

The Russian Steel Association says the Carbon Border Adjustment Mechanism (CBAM) that the EU plans to implement in 2026 entails significant risks for the global economy and ferrous metallurgy in particular, Kallanish notes. “The inclusion of the steel sector in the scope of the EU border carbon regulation may have a significant negative impact on the development of the industry,” Russian Steel claims. “The current project of the European Commissi…
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