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01 Dec
14:15

CBAM implementation confuses traders: Eurometal panelists

The introduction of the EU’s Carbon Border Adjustment Mechanism (CBAM) from 1 October has been a model case “of how not to do it,” says Alexander M. Julius of trading company Macrometal. Speaking at the opening presentation of Eurometal’s Steel Trade Day in Düsseldorf, Julius recalled that “as of 1 October, customs did not have the system ready and could not tell what they needed from us ... and we did not really get help from Br…
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