carbon emissions

Serbia’s Steel Industry Enters a New Phase of Carbon and Trade Compliance

Serbian steel exporters are entering a more demanding phase of access to the European Union market as carbon accounting, import quotas and origin requirements increasingly affect the economics of cross-border sales. The European Commission published new sector-specific guidance on 14 August 2026 covering the calculation of embedded emissions for iron, steel and downstream products during the definitive phase of the Carbon Border Adjustment Mechanism (CBAM). For Serbian producers, the rules put greater emphasis on verified production data, emissions monitoring and…