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18 Dec
13:08

UK's 2027 CBAM timetable concerns steelmakers

The UK will implement its own Carbon Border Adjustment Mechanism (CBAM) covering steel imports from 2027, the UK government says. UK Steel says failure to align with the EU’s CBAM timetable leaves the UK steel industry vulnerable. Goods imported into the UK from countries with a lower or no carbon price will have to pay a levy. The charge applied will depend on the amount of carbon emitted in the production of the imported good, and the gap between the carbo…
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