Energy Transition, Metals & Mining Theme, Carbon, Emissions, Ferrous

January 15, 2026

Europe's steelmakers to face shift as CBAM takes effect

HIGHLIGHTS

Market dynamics increasingly driven by regulation

Europe's steelmakers will see a pivotal shift after the EU's Carbon Border Adjustment Mechanism, which aims to prevent carbon leakage through a levy on imported steel, transitioned to enforcement on Jan. 1.

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