CONF: Chinese steel enterprises urged to prepare for CBAM full implementation

Chinese steel enterprises will face rising costs and complex compliance requirements as the European Union’s (EU) Carbon Border Adjustment Mechanism (CBAM) moves into full implementation in January 2026, according to Gao Huan, chief operating officer of CarbonEase, a Chinese carbon solutions provider for manufacturing industries.

Speaking at a subforum during Mysteel's annual conference held in Shanghai over December 19-21, Gao highlighted the implications for Chinese steel producers and exporters. CBAM, introduced in 2021 to address "carbon leakage" and ensure fair competition, initially covers high-carbon sectors including cement, iron and steel, aluminium, fertilizers, electricity, and hydrogen. During the transitional period