Belmetal stated that following the European Commission's announcement of the CBAM (Carbon Border Adjustment Mechanism) certificate price for the second quarter at EUR 75.28/mt of CO₂, Belgian steel importers are expected to face significant operational challenges stemming from both CBAM and the new EU steel import quota system.
The association recalled that the new EU steel import quota regime, which entered into force on 1 July, limits duty-free steel imports to 18.3 million mt, while imports exceeding the allocated quotas are subject to a 50% tariff. It noted that the introduction of separate quota categories for individual countries and free trade agreement (FTA) partners will make import planning considerably more complex.
Belmetal emphasized that Belgium, as one of Europe's leading steel distribution hubs, will be directly affected by the new quota regime, stressing that importers will need to monitor quota utilization closely and plan their procurement strategies more carefully.
The association also warned that the limited availability of accredited CBAM verifiers represents a major challenge. If verified emissions data cannot be obtained on time, companies may be forced to rely on default emission values, resulting in higher carbon costs and increased pressure on cash flow.
In addition, Belmetal called for greater harmonization of customs procedures across EU member states, arguing that a more predictable and transparent framework is essential for both the new quota system and the implementation of CBAM.
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