EU's CBAM Challenges Indian Steel Exports
Update: 2025-12-09
Description
Indian steel exporters face challenges as the EU, a major buyer, shifts towards lower emission steel production. The EUs Carbon Border Adjustment Mechanism (CBAM) aims to level the playing field, but implementing it smoothly is proving difficult. Indian producers, reliant on exports, face significant investments to transform their production processes. New reports suggest that measuring emissions for imported goods under CBAM is still unclear, potentially undermining the mechanisms purpose.
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