Infographic: Europe’s shrinking aluminum sector prepares for CBAM transition challenge

The European aluminum industry is facing challenges due to high power prices and increased competition from discounted imports. As the Carbon Border Adjustment Mechanism (CBAM) approaches its definitive phase, aluminum producers in Europe are focusing on decarbonizing their production processes. This shift aims to meet compliance targets under the CBAM while enhancing their competitiveness against foreign producers. Click to see…The European aluminum industry is facing challenges due to high power prices and increased competition from discounted imports. As the Carbon Border Adjustment Mechanism (CBAM) approaches its definitive phase, aluminum producers in Europe are focusing on decarbonizing their production processes. This shift aims to meet compliance targets under the CBAM while enhancing their competitiveness against foreign producers. Click to see…Read More