SwissForecast

Economic Intelligence

CBAM Extension to Downstream Steel and Aluminium Products — ENVI Committee Position

The European Parliament's Environment Committee (ENVI) backed extending the Carbon Border Adjustment Mechanism (CBAM) to downstream finished goods — such as steel and aluminium building components — to prevent carbon leakage. This is a committee position, not adopted law. An extension would raise the landed cost of imported carbon-intensive building components if enacted.

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