14,311.19 TRY BIST 100 BIST 100
45.05 USD USD USD
6.63 CNY CNY CNY
52.67 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
700.00 TRY Interest Interest
123.44 USD Fossil Oil Fossil Oil
5.94 USD Copper Copper
104.98 USD Silver Silver
106.81 USD Iron Ore Iron Ore
378.00 USD Shipbreaking Scrap Shipbreaking Scrap
6,633.14 TRY Gold (gr) Gold (gr)
107.00 USD Iron Ore 61% Fe Iron Ore 61% Fe

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."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

POSCO partners with Electra for low-carbon iron production

Wednesday, April 29, 2026

China’s steel sector total profit declined by 5.1% in the first quarter

Wednesday, April 29, 2026

Türkiye’s iron and steel import value reached $5.38 billion in the January–March period

Thursday, April 30, 2026

Türkiye’s iron and steel export value reached $2.45 billion in the January–March period

Thursday, April 30, 2026

Tosyali Algerie strengthens its role in Algeria’s automotive industry

Thursday, April 30, 2026
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now