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CARBON COST HITS INDIAN STEEL AND ALUMINIUM EXPORTS FROM JAN 1

  • NEWS Desk Global
  • 1 hour ago
  • 1 min read

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Indian steel and aluminium exports to the European Union will face a carbon-linked cost from January 1, 2026, as the EU’s Carbon Border Adjustment Mechanism (CBAM) moves from the reporting phase to its payment-linked stage, according to a report by the Global Trade Research Initiative (GTRI).

Although the CBAM levy will be paid by EU-based importers, the report said the economic burden will be passed on to Indian exporters through lower realised prices, tougher contract terms and stricter supplier selection criteria.

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