[SMM Steel] CBAM weighs on Ukrainian steel exports in early implementation phase

Published: Apr 8, 2026 19:30

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[SMM Steel] The initial rollout of the Carbon Border Adjustment Mechanism has already impacted Ukraine’s steel sector, with producers losing over 1.1 million mt of export orders in Q1 2026. Companies including Metinvest, ArcelorMittal Kryvyi Rih, and Interpipe reported order cancellations, higher compliance costs, and operational challenges. Additional CBAM-related costs and technical barriers are tightening access to the EU market, raising concerns over export competitiveness.

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