[ European Parliament Approves Expansion of CBAM to Finished Steel Products ]

Published: Sep 17, 2026 14:52
The European Parliament formally adopted a position to extend the Carbon Border Adjustment Mechanism (CBAM) to downstream and finished steel and aluminum products. This legislative expansion aims to protect European automotive and manufacturing value chains from cheap foreign imports that bypass the primary steel carbon levy. The broader protective mandate is a direct response to accelerating deindustrialization threats across the continent's heavy

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
[ ArcelorMittal Restarts Gijón Blast Furnace After Pipe Explosion ]
35 mins ago
[ ArcelorMittal Restarts Gijón Blast Furnace After Pipe Explosion ]
Read More
[ ArcelorMittal Restarts Gijón Blast Furnace After Pipe Explosion ]
[ ArcelorMittal Restarts Gijón Blast Furnace After Pipe Explosion ]
Global steelmaker ArcelorMittal successfully restarted blast furnace A at its plant in Gijón, Spain, following a burst water pipe that caused a localized steam explosion on September 9, 2026. The company confirmed that the incident caused no damage to the blast furnace itself, and normal operations have resumed without impacting customer deliveries. Blast furnace B remained fully operational throughout the outage, minimizing disruptions to the site's primary ironmaking capacity.
35 mins ago
[ Stegra Selects Shipping Partners for Green Steel Plant in Boden ]
36 mins ago
[ Stegra Selects Shipping Partners for Green Steel Plant in Boden ]
Read More
[ Stegra Selects Shipping Partners for Green Steel Plant in Boden ]
[ Stegra Selects Shipping Partners for Green Steel Plant in Boden ]
Sweden-based green steel producer Stegra announced on September 16, 2026, the selection of four shipping and logistics companies—ESL Shipping, Royal Wagenborg, Pangaea Logistics Solutions, and Clarksons—to manage its seaborne supply chain. The network will handle the transportation of incoming scrap and iron ore to the Boden plant, as well as the outgoing distribution of finished steel products across Europe. This maritime logistics integration complements Stegra's existing railway transport agreements to support its zero-carbon production targets.
36 mins ago
[ Germany's Crude Steel Output Increases 6.8% in First Seven Months of 2026 ]
36 mins ago
[ Germany's Crude Steel Output Increases 6.8% in First Seven Months of 2026 ]
Read More
[ Germany's Crude Steel Output Increases 6.8% in First Seven Months of 2026 ]
[ Germany's Crude Steel Output Increases 6.8% in First Seven Months of 2026 ]
According to data released by the German Steel Federation (WV Stahl), crude steel production in Germany rose by 6.8% year-on-year to 21.31 million metric tons during the January-July period of 2026. However, output for the month of July alone decreased by 1.8% to 2.68 million metric tons, marking the first year-on-year monthly decline of 2026 due to subdued demand. Germany's pig iron production concurrently reached 13.29 million metric tons for the seven-month period, reflecting a 7.3% increase compared to the previous year.
36 mins ago