Posted on 09 Jan 2023
The EU was scheduled to implement the Carbon Border Adjustment Mechanism (CBAM) on imported steel products from October 2023. Regarding this issue, Chaodong Weng, chairman of Taiwan’s China Steel Corporation (CSC), called on the domestic steel industry to face it squarely because green steel is very important as a future trend. The trend of green pricing and carbon neutrality will lead to an era of high steel prices. Taiwan’s steel industry has to deploy ahead of schedule to raise international competitiveness.
It was understood that CSC has completed the carbon emission intensity and carbon footprint certification for all of its products, which have been approved by a third-party impartial unit.
Source:Yieh
