Market insight | CBAM regulation in fertilizer sector
Fertilizer market analysis on the implications of the upcoming Carbon Border Adjustment Mechanism and other EU climate policies on the fertilizer sector.
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Fertilizer market analysis on the implications of the upcoming Carbon Border Adjustment Mechanism and other EU climate policies on the fertilizer sector.
India plans to challenge certain provisions of the European Union?s Carbon Border Adjustment Mechanism (CBAM) due to concerns about its impact on steel exports from India, said steel secretary Nagendra Nath Sinha. The steel ministry has also advised importers to look at India-made steel products to substitute imports. The government has set up 13 task forces to formulate a strategy for green steel production. Steel scrap recycling policy and vehicle scrapping policy of the government of India are steps towards achieving a healthy ecosystem for scrap-based steelmaking in the country.