manufacturing export model

EU plans CBAM expansion to cover downstream products with embedded steel and aluminium

The European Union’s Carbon Border Adjustment Mechanism is moving into a new development phase in Brussels, with the focus shifting from basic materials to industrial supply chains. Serbian companies that previously associated CBAM mainly with steel mills, aluminium producers, cement manufacturers and electricity exporters are facing a broader scope. The change is linked to the EU’s legislative process and its planned timeline. The European Commission has proposed extending CBAM coverage to about 180 downstream products containing significant quantities of steel…