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Home Steel News EU proposes to delay CBAM implementation, easing pressure on steel industry
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EU proposes to delay CBAM implementation, easing pressure on steel industry

27 Feb 2025 14:00 reported by Ranny Fang

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The European Commission has proposed significant adjustments to the Carbon Border Adjustment Mechanism (CBAM), including a one-year delay in the timeline for purchasing CBAM certificates and an adjustment of exemption thresholds for small and medium-sized importers. 

The new schedule, postponing the requirement to 2027, is welcomed by the European steel industry as it reduces short-term costs. 

Market analysts note that given the ongoing US tariff war and Europe’s industrial crisis, the CBAM delay is unsurprising. As the US market remains closed to foreign competition, the EU may introduce alternative protective measures under different names. 

The postponement of quota purchases is expected to ease financial burdens on smaller CBAM reporters and facilitate a smoother transition for industries.

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