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EU Carbon Tariffs Force Chinese Steel Companies To Upgrade Their Technology

Views: 0     Author: Site Editor     Publish Time: 2025-03-18      Origin: Site

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The EU Carbon Border Adjustment Mechanism (CBAM) has been officially implemented, increasing the cost of Chinese steel exports by 12-15%. Shagang Group has invested 3 billion yuan to renovate the short process production line of electric arc furnaces.

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