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CBAM and steel decarbonisation in India: A barrier, facilitator, or neither?

By: Bandyopadhyay, Kaushik Ranjan and Das, Kasturi.
Material type: materialTypeLabelBookPublisher: Economic & Political Weekly Description: 60(25), Jun 21, 2025: p.30-37.Subject(s): CBAM, decarbonisation, steel industry, cooking coal, challengesSummary: The extent to which the carbon border adjustment mechanism may induce enhanced decarbonisation on the big steel players would depend on how they are positioned and what strategy they adopt. However, small players who are exposed to CBAM are likely to be highly vulnerable, either directly or indirectly through the supply chain as they continue to grapple with financial, technological, and capacity constraints. - Reproduced https://www.epw.in/journal/2025/25/insight/cbam-and-steel-decarbonisation-india.html
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The extent to which the carbon border adjustment mechanism may induce enhanced decarbonisation on the big steel players would depend on how they are positioned and what strategy they adopt. However, small players who are exposed to CBAM are likely to be highly vulnerable, either directly or indirectly through the supply chain as they continue to grapple with financial, technological, and capacity constraints. - Reproduced

https://www.epw.in/journal/2025/25/insight/cbam-and-steel-decarbonisation-india.html

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