Asian steel exporters unperturbed by upcoming EU carbon tax amid weak demand

Asian steel exporters are not rattled by the approval of the world’s first carbon tax by the European Parliament last Tuesday.

One of the main factors is that demand from the region is currently low.

The European Parliament voted in favor of the new Carbon Border Adjustment Mechanism (CBAM) on April...

Published

Zihuan Pan

Nabilah Awang

April 25, 2023

04:50 GMT

Shanghai, Singapore