Reducing carbon emissions is no longer just a regulatory requirement; it’s an urgent necessity. In India, 60% of emissions come from industrial manufacturing, with 15% stemming from the metals value chain, including mining, steel and aluminium production, casting forging, and foundry industries. India is the 2nd largest foundry industry with over 10 million tonnes of...
Impact of CBAM on Indian Ferro Alloy Producers
What is CBAM? Reducing carbon emissions is now a top priority for governments, industries, and international organizations, as outlined in the 2015 Paris Agreement. One proposed solution to this urgent problem is the implementation of a Carbon Border Adjustment Mechanism (CBAM) regulation. This mechanism is especially relevant for energy-intensive sectors like iron and steel, which...
Carbon Border Adjustment Mechanism (CBAM) for Steel Industry
In recent times, the issue of climate change and reducing carbon emissions has become a top priority for many countries and industries around the world. One of the proposed solutions to address this urgent problem is the implementation of a Carbon Border Adjustment Mechanism (CBAM). This mechanism is particularly relevant for energy-intensive industries like iron...