14 Feb EU to blunt China’s edge on steel, aluminium exports as proposed carbon tax could reach 21%: Goldman
Posted at 10:54h
in Asia
The European Union’s move to implement the world’s first tax on carbon-intensive imports from 2026 could badly hit Chinese steel and aluminium makers, according to Goldman Sachs.The 27-nation bloc is tightening the screws on imported steel, aluminium, cement, hydrogen, fertiliser and electricity with higher greenhouse...