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18 Apr
00:03

UK Steel proposes 2026 CBAM start

UK Steel has proposed the UK government bring forward the implementation of its prospective Carbon Border Agreement Mechanism (CBAM) by one year to 2026, to align with the EU’s schedule. This would minimise the risk of trade barriers and trade diversion, the UK trade association says. The recommendation is one of 12 made by UK Steel in a new report on key design principles for CBAM. “Over 90% of global steel production faces no carbon cost, so it is c…
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