CBAM and steel decarbonisation in India: A barrier, facilitator, or neither?
- Economic & Political Weekly
- 60(25), Jun 21, 2025: p.30-37
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