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Spanish steelmakers demand the establishment of a national CBAM administration

Unesid, the Spanish steelmakers' association, has expressed concern about the lack of a competent authority in the country to administer the Carbon Border Adjustment Mechanism (CBAM).

Spanish steelmakers demand the establishment of a national CBAM administration

The organisation has asked Teresa Ribera, Spain's Minister of Ecological Transformation and Demographic Struggle, to speed up the process following the introduction of CBAM from 1 October.

"There is a lot of scepticism in the market about the modalities of action, and although the European Commission has issued some clarifying guidelines, the issues are not clear enough," says Andrés Barceló, director general of Unesid.

"This is indispensable given the many technical aspects that are crucial for the correct use of CBAM, such as the coefficients to be applied to entries in the event of incomplete or questionable data coming into the EU from importers," explains Barceló.

Although the implementation of the new system aims to prevent or limit the import of carbon-intensive products into Europe, the executive branch emphasises: "Unfortunately, EU exporters will continue to have to bear the climate costs of the regulation without any compensation, which will continue to be a clear competitive disadvantage for regional companies."

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