14
Dec
12:17
CBAM agreement ignores larger value chain: German fabricators
German fabricators are bemoaning that the provisional Carbon Border Adjustment Mechanism (CBAM) agreement protects mills, but not steel users.
The European Council and Parliament reached a provisional agreement on CBAM on Tuesday (see Kallanish passim).
"The climate tariff is fine in theory, but bad in practice,” says Christian Vietmeyer, manager of the German steel and metal processing association WSM. “It protects material producers, but will b…
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Anonymous
Very good overview of the weekly steel market.
Anonymous