SMM Steel] EU sets CBAM certificate price at €75.36/t CO₂ for Q1 2026

Published: Apr 8, 2026 19:31

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[SMM Steel] The European Commission set the Carbon Border Adjustment Mechanism certificate reference price for Q1 2026 at €75.36/t CO₂, providing the first cost benchmark for importers. Certificates for 2026 imports must be purchased from February 2027, with pricing based on quarterly EU Emissions Trading System averages, shifting to weekly rates from 2027. Ahead of the announcement, the European Steel Association called for expanding CBAM scope, closing loopholes, and accelerating decarbonization support.

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