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How Much Carbon Tax will China Steel Industry Have to Pay to the EU in the Future?
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2023-06-20
The director of the Institute of Metallurgical Industry Planning of China said that although CBAM has been officially approved, the calculation method of the actual price paid for carbon emissions from steel products is not yet clear. Therefore, the annual carbon tariff that Chinese steel industry will have to pay to the EU after CBAM is implemented cannot be accurately estimated, and can only be roughly calculated based on the materials available and the understanding of the EU carbon market. Based on CBAM rules that have been issued, considering the annual volume of steel products exported from China to the EU (e.g., 3.89 million tons in 2022), as well as the total amount of steel products exported to the EU (e.g., US$6.44 billion in 2022), and the carbon price in the EU carbon market, a preliminary estimate shows that the export cost of the Chinese steel industry will increase by 4%-6%. Roughly USD$200 million to US$400 million per year in carbon tax will have to be paid to the EU.
中國鋼鐵
歐盟
碳關稅
中國冶金工業規劃研究院
范鐵軍院長
Chinese steel
EU
CBAM
the Institute of Metallurgical Industry Planning of China
director
扣件
國際展會
惠達雜誌
匯達實業
外銷媒合
廣告刊登
螺絲五金
五金工具
紧固件
台灣扣件展
印度新德里螺絲展
越南河內螺絲展
墨西哥瓜達拉哈拉螺絲展
美國拉斯維加斯螺絲暨機械設備展
波蘭克拉科夫螺絲展
義大利米蘭螺絲展
德國司徒加特螺絲展
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