HomeSteelIndustryPolicy and Regulation New green steel premium to aid decarbonization drive in Asia; steelmakers to target EU Asia is now shaping up to join the growing decarbonization movement in the steel industry, with steelmakers in the region aiming to be competitive in markets subject to the European Union's Carbon Border Adjustment Mechanism (CBAM) by demonstrating their commitment to environmental and social governance (ESG). CBAM is a tariff on carbon-intensive products such as steel and extends carbon pricing to imports coming into the European Union. Japan and South Korea are the prime movers in the... Email this article Your details Your recipients's details You can enter a maximum of 5 recipients. Use ; to separate email addresses. Email yourself a copy? Enter the code: Ok You might notice something different here.As we continue our evolution, our data and market news is now available through the Fastmarkets platform and a trial of this website is no longer available. Already registered? Log in Our new delivery solution allows you to access the prices and news that matters most to you in a way that delivers value, quality and a unique, fully customizable view for you. Learn More We are developing an experience that allows you to test drive building your view of our data and news on the new platform. In the meantime, we can prepare a quote for you and show you around. Get Started Contact Us +44 (0) 20 7779 8260 hello.mb@fastmarkets.com Published Paul Lim September 07, 2023 11:35 GMT Related news {{article|snippet:'title'|removeHtmlTags}} {{article|fields:'dates'|date:dateArticleFormat}}
