Europe and India align carbon markets under CBAM

The European Union announced it will integrate India’s Carbon Credit Trading Scheme (CCTS) into its Carbon Border Adjustment Mechanism (CBAM). This means any carbon price paid under India’s domestic market will be deducted from CBAM charges, reducing the risk of...

EEX: Early Carbon Pricing Signals for Global Exporters

The European Energy Exchange (EEX) has introduced a new CBAM Reference Price index, designed to increase transparency around the future costs associated with the EU’s Carbon Border Adjustment Mechanism (CBAM). Published weekly since the end of August 2025, the index...

Brazil’s steel dependence deepens amid rising imports

Brazil is projected to import a record 6.3 million tonnes of rolled steel in 2025, according to Instituto Aço Brasil. This marks a sharp upward revision compared with earlier forecasts and represents a 32 percent increase from 2024. Despite tariffs of up to 25 percent...