[ArcelorMittal Urges EU to Extend CBAM and TRQs to Downstream Steel]

Published: Jul 2, 2026 15:28
ArcelorMittal said the EU’s CBAM launch in January 2026 and TRQ changes in July 2026 are key first steps toward a fairer market for Europe’s low-carbon steel sector. However, it warned that rising imports of steel derivative products outside CBAM and TRQ coverage are weakening policy effectiveness, especially in electrical steels, automotive and packaging, and called for downstream products to be included."

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ArcelorMittal said the EU’s CBAM launch in January 2026 and TRQ change - Shanghai Metals Market (SMM)