European Aluminium stressed that while the EU’s CBAM expansion to include downstream products is a step forward, serious shortcomings remain—particularly around carbon accounting for aluminium value chains and scrap aluminium inclusion.
👉 Source: AluminiumToday.com — European Aluminium highlights CBAM’s shortcomings Aluminium International Today

Summary:

European Aluminium has welcomed the European Commission’s proposal to extend the Carbon Border Adjustment Mechanism (CBAM) to downstream products but highlighted that ‘serious flaws remain’.

The proposed scope expansion is a long-standing request from the aluminium industry and includes the inclusion of certain automotive components, wires and cables.

However, European Aluminium stressed that as CBAM applies to multiple sectors, it is essential for the mechanism to recognise that aluminium and steel face distinct value chains, trade patterns, and exposure to global competition. Therefore, solutions aimed at steel may not translate to aluminium.

Paul Voss, Director General of European Aluminium, said: “We appreciate the spirit behind this proposal, but spirit alone won’t be enough to give our industry the fair conditions it needs and deserves.

Article Link :

https://aluminiumtoday.com