December 28, 2024 08:53 pm (IST)
Steep rally in carbon prices and CBAM compliance in EU could curtail profits of Indian steel makers
Jun 23, 2023, at 12:50 pm
New Delhi: In the wake of the European Union’s (EU) latest framework for the imposition of taxes on embedded carbon imports, Indian steel mills are at the risk of lower profits and a loss of market share in Europe, according to ratings agency ICRA.
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