Arab Company For Special Steel

I work in the steel and iron sector, and I would like to share observations on the European Commissions initiative to extend the scope of the Carbon Border Adjustment Mechanism (CBAM). 1. Downstream products: Extending CBAM to include steel-based downstream products will significantly affect global supply chains.

I work in the steel and iron sector, and I would like to share observations on the European Commissions initiative to extend the scope of the Carbon Border Adjustment Mechanism (CBAM). 1. Downstream products: Extending CBAM to include steel-based downstream products will significantly affect global supply chains.

Proof of the carbon price paid locally (if there is a carbon pricing mechanism or local taxes). Claiming a deduction equivalent to the European free allocation from the CBAM certificate. Submitting accurate and documented emissions reports so that they are accepted by the European Union.

we are Arab Carbon Special Steel Company is honored to participate in the European Union's survey, in addition to the Carbon Scope Adjustment Mechanism (CBAM), by leapfrogging its international commitments for sustainability and reducing carbon emissions, and its keenness to align its operations with global environmental requirements.

In the context of the implementation of the Carbon Border Adjustment Mechanism (CBAM), the direct relationship with the European Emissions Trading System (EU ETS) should be taken into account, particularly with regard to the free allocation granted to facilities within the EU. These criteria can be combined as follows: 1.