· Electronics & Manufacturing · Source: economictimes.indiatimes.com

EU’s carbon tax kicks in from Jan 1, may hit Indian steel and aluminium exports: GTRI

From January 1, 2026, the EU’s Carbon Border Adjustment Mechanism (CBAM) comes into effect, impacting Indian steel and aluminium exports. While EU importers pay the tax, Indian exporters may face price cuts of 15–22% to absorb costs. Accurate emissions accounting and verification will be crucial, with low-emission producers potentially gaining a competitive advantage in the EU market.

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