[SMM Stainless Steel Flash] Gerber Group Calls on EU Commission to Fix CBAM Certificate Rules

Published: Aug 10, 2026 09:38

Save

Stainless steel and aluminium trader Gerber Group submitted a detailed statement to the EU consultation on the draft CBAM certificate platform regulation, with a core message: a typing error is not fraud, and a single irrevocable annual repurchase request is not simplification. Under the current draft effective February 1, 2027, purchase requests cannot be amended once submitted, and repurchase requests may only be made once per year with no correction or withdrawal permitted. CEO Thorsten Gerber noted that the Commission may correct its own drafts, platform operators may rectify reports, and authorities may correct data — yet SMEs that finance the system are expected to be infallible. Gerber Group demands a general right to correct obvious input errors before payment, monthly repurchase processing within 15 calendar days, automatic deadline protection when Commission systems fail, and multilingual support. Critics also note the draft contains placeholders, incorrect legal references, and contradictory provisions, while the proposed platform fee of EUR 0.05 per certificate — roughly 16 times the EEX rate — would generate approximately EUR 22 million annually with no published cost justification.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

3 mins ago

[SMM Nickel Midday Review] Nickel prices edged up on August 10, while China's July CPI fell 0.1% MoM.

3 mins ago

4 mins ago

SMM Data: Battery-Grade Nickel Sulphate Prices Steady Amid Sluggish Transactions on Aug 10

According to SMM data, on August 10, the SMM battery-grade nickel sulphate spot order market saw sluggish transactions, with the average price holding steady.

4 mins ago

7 mins ago

Indonesia MHP Nickel and Cobalt Prices Drop, High-Grade Nickel Matte Falls on August 6

According to SMM data, on August 6, the FOB price of Indonesia MHP nickel fell by $65/mt Ni from the previous day, the FOB price of Indonesia MHP cobalt fell by $947/mt Co, and the FOB price of Indonesia high-grade nickel matte dropped $67/mt Ni.

7 mins ago