European aluminum industry readies for CBAM

The European aluminum industry is preparing for the EU’s Carbon Border Adjustment Mechanism, due to take effect in 2026, with some concerns it may lead to further primary aluminum production capacity closures. European Aluminium Director Climate Change & Energy Emanuele Manigrassi told S&P Global Commodity Insights that the industry was working on complying with the emissions reporting requirements and engaging…The European aluminum industry is preparing for the EU’s Carbon Border Adjustment Mechanism, due to take effect in 2026, with some concerns it may lead to further primary aluminum production capacity closures. European Aluminium Director Climate Change & Energy Emanuele Manigrassi told S&P Global Commodity Insights that the industry was working on complying with the emissions reporting requirements and engaging…Read More