SteelMatters – April 2024
This month, our issue explores Trade Statistics and SA Crude Steel Production, as well as The Perilous Cost of Compromise: The Impact of Substandard Materials in SA Construction.
UK opens consultation on emissions-based import rules
- Published March 22, 2024
The UK Government has initiated a consultation process for the implementation of an emissions-based carbon border adjustment mechanism (UK CBAM) for imports, scheduled to begin in January 2027. The scheme aims to place a carbon price on emissions-intensive industrial goods imported into the UK, including aluminium, cement, ceramics, fertiliser, glass, hydrogen, and iron and steel products. This move is intended to complement the UK’s existing carbon emissions limits governed by the UK Emissions Trading Scheme (UK ETS) and prevent carbon leakage. Importers and other stakeholders are invited to provide feedback on the UK CBAM proposal until June 13, 2024.
Please find the link to the full article here
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SteelMatters – March 2024
In this month's issue, we delve into Trade Statistics and SA Crude Steel Production, alongside Navigating Global Steel Industry Overcapacity, highlighting its trade implications.
