As you are aware, the proposed implementation of the European Union's (EU) Carbon Border Adjustment Mechanism (CBAM), which will first apply to specific industries' exports beginning October 1, 2023, will have a significant impact on their export competitiveness.
Because of their significant exports to the EU, iron and steel and aluminum would be severely harmed. In this respect, the mentioned CBAM Session for Steel and Aluminum Sectors would highlight industry issues, explore domestic producers' alternatives, and define the way ahead in the face of the CBAM Regulation.
