Understanding the CBAM

๐ŸŒย ๐—จ๐—ป๐—ฑ๐—ฒ๐—ฟ๐˜€๐˜๐—ฎ๐—ป๐—ฑ๐—ถ๐—ป๐—ด ๐˜๐—ต๐—ฒ ๐—–๐—•๐—”๐— ย : Europe's newย ๐—–๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—•๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—”๐—ฑ๐—ท๐˜‚๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฒ๐—ฐ๐—ต๐—ฎ๐—ป๐—ถ๐˜€๐—บ


๐—–๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—•๐—ผ๐—ฟ๐—ฑ๐—ฒ๐—ฟ ๐—”๐—ฑ๐—ท๐˜‚๐˜€๐˜๐—บ๐—ฒ๐—ป๐˜ ๐— ๐—ฒ๐—ฐ๐—ต๐—ฎ๐—ป๐—ถ๐˜€๐—บ (๐—–๐—•๐—”๐— )ย is a key initiative of theย ๐—˜๐˜‚๐—ฟ๐—ผ๐—ฝ๐—ฒ๐—ฎ๐—ป ๐—จ๐—ป๐—ถ๐—ผ๐—ปย designed to support itsย ๐—ฐ๐—น๐—ถ๐—บ๐—ฎ๐˜๐—ฒ ๐—ด๐—ผ๐—ฎ๐—น๐˜€ย and ensureย ๐—ณ๐—ฎ๐—ถ๐—ฟ ๐—ฐ๐—ผ๐—บ๐—ฝ๐—ฒ๐˜๐—ถ๐˜๐—ถ๐—ผ๐—ปย between EU producers and non-EU manufacturers.

Its main purpose is to prevent "๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—น๐—ฒ๐—ฎ๐—ธ๐—ฎ๐—ด๐—ฒ" by putting a fairย ๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒย onย ๐—ฒ๐—ป๐—ฒ๐—ฟ๐—ด๐˜†-๐—ถ๐—ป๐˜๐—ฒ๐—ป๐˜€๐—ถ๐˜ƒ๐—ฒ ๐—ด๐—ผ๐—ผ๐—ฑ๐˜€ย entering the EU, and to encourageย ๐—ฐ๐—น๐—ฒ๐—ฎ๐—ป๐—ฒ๐—ฟ ๐—ถ๐—ป๐—ฑ๐˜‚๐˜€๐˜๐—ฟ๐—ถ๐—ฎ๐—น ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ปย in non-EU countries.


๐Ÿงฉย ๐—›๐—ผ๐˜„ ๐—ถ๐˜ ๐˜„๐—ผ๐—ฟ๐—ธ๐˜€

During theย ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ถ๐˜๐—ถ๐—ผ๐—ป๐—ฎ๐—น ๐—ฝ๐—ต๐—ฎ๐˜€๐—ฒย (2023โ€“2025), importers reported theย ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ ๐—–๐—ขโ‚‚ ๐—ฒ๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐˜€ย for their products purchased outside of EU.

Starting inย ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿณย for the goods imported inย ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, they will need to purchaseย ๐—–๐—•๐—”๐—  ๐—ฐ๐—ฒ๐—ฟ๐˜๐—ถ๐—ณ๐—ถ๐—ฐ๐—ฎ๐˜๐—ฒ๐˜€ย based on theย ๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ฝ๐—ฟ๐—ถ๐—ฐ๐—ฒย that would have applied under theย ๐—˜๐—จ ๐—˜๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐˜€ ๐—ง๐—ฟ๐—ฎ๐—ฑ๐—ถ๐—ป๐—ด ๐—ฆ๐˜†๐˜€๐˜๐—ฒ๐—บ (๐—˜๐—ง๐—ฆ).


๐Ÿ—๏ธย ๐—™๐—ผ๐—ฐ๐˜‚๐˜€ ๐—ผ๐—ป ๐—”๐—น๐˜‚๐—บ๐—ถ๐—ป๐—ถ๐˜‚๐—บ

Because its production,ย ๐—ฎ๐—น๐˜‚๐—บ๐—ถ๐—ป๐—ถ๐˜‚๐—บย is part of the first products included inย ๐—–๐—•๐—”๐— .

Theย ๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ณ๐—ผ๐—ผ๐˜๐—ฝ๐—ฟ๐—ถ๐—ป๐˜ย of imported aluminium can vary a lot depending on how it's produced.

Underย ๐—–๐—•๐—”๐— , importers ofย ๐—ฎ๐—น๐˜‚๐—บ๐—ถ๐—ป๐—ถ๐˜‚๐—บ ๐—ณ๐—ผ๐—ถ๐—น, ๐˜€๐—ต๐—ฒ๐—ฒ๐˜๐˜€ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐—ด๐—ผ๐˜๐˜€ย must:

โ€ข Declareย ๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ ๐—ฎ๐—ป๐—ฑ ๐—ถ๐—ป๐—ฑ๐—ถ๐—ฟ๐—ฒ๐—ฐ๐˜ ๐—ฒ๐—บ๐—ฏ๐—ฒ๐—ฑ๐—ฑ๐—ฒ๐—ฑ ๐—ฒ๐—บ๐—ถ๐˜€๐˜€๐—ถ๐—ผ๐—ป๐˜€ย according toย ๐—˜๐—จ ๐—ฐ๐—ฎ๐—น๐—ฐ๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—ฟ๐˜‚๐—น๐—ฒ๐˜€

โ€ข Gatherย ๐˜ƒ๐—ฒ๐—ฟ๐—ถ๐—ณ๐—ถ๐—ฒ๐—ฑ ๐—ฑ๐—ฎ๐˜๐—ฎย from suppliers

โ€ข Prepare for theย ๐—ณ๐—ถ๐—ป๐—ฎ๐—ป๐—ฐ๐—ถ๐—ฎ๐—น ๐—ฝ๐—ต๐—ฎ๐˜€๐—ฒย starting inย ๐Ÿฎ๐Ÿฌ๐Ÿฎ๐Ÿฒ, whenย ๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป ๐—ฐ๐—ผ๐˜€๐˜๐˜€ย will apply


๐Ÿ’กย ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜†๐—™๐—ผ๐—ถ๐—น'๐˜€ ๐—–๐—ผ๐—บ๐—บ๐—ถ๐˜๐—บ๐—ฒ๐—ป๐˜

Atย ๐—ค๐˜‚๐—ฎ๐—น๐—ถ๐˜๐˜†๐—™๐—ผ๐—ถ๐—น, we are closely monitoring theย ๐—–๐—•๐—”๐—  ๐—ฟ๐—ฒ๐—ด๐˜‚๐—น๐—ฎ๐˜๐—ถ๐—ผ๐—ปย and its implementation details.

Our dedicated team gather allย ๐—ฟ๐—ฒ๐—น๐—ฒ๐˜ƒ๐—ฎ๐—ป๐˜ ๐—ฑ๐—ฎ๐˜๐—ฎย from each producer every quarter and ensureย ๐˜๐—ถ๐—บ๐—ฒ๐—น๐˜† ๐—ฎ๐—ป๐—ฑ ๐—ฎ๐—ฐ๐—ฐ๐˜‚๐—ฟ๐—ฎ๐˜๐—ฒ ๐—ฟ๐—ฒ๐—ฝ๐—ผ๐—ฟ๐˜๐—ถ๐—ป๐—ด.

All our partners are actively engaged inย ๐—ฑ๐—ฒ๐—ฐ๐—ฎ๐—ฟ๐—ฏ๐—ผ๐—ป๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ปย in order to reduce theirย ๐—ฒ๐—ป๐˜ƒ๐—ถ๐—ฟ๐—ผ๐—ป๐—บ๐—ฒ๐—ป๐˜๐—ฎ๐—น ๐—ถ๐—บ๐—ฝ๐—ฎ๐—ฐ๐˜ and save costs for our customers.

We believe that working together towardsย ๐˜๐—ฟ๐—ฎ๐—ป๐˜€๐—ฝ๐—ฎ๐—ฟ๐—ฒ๐—ป๐˜ ๐—ฎ๐—ป๐—ฑ ๐˜€๐˜‚๐˜€๐˜๐—ฎ๐—ถ๐—ป๐—ฎ๐—ฏ๐—น๐—ฒ ๐—ฎ๐—น๐˜‚๐—บ๐—ถ๐—ป๐—ถ๐˜‚๐—บ ๐—ฝ๐—ฟ๐—ผ๐—ฑ๐˜‚๐—ฐ๐˜๐—ถ๐—ผ๐—ปย is key to building a moreย ๐—ฟ๐—ฒ๐˜€๐—ฝ๐—ผ๐—ป๐˜€๐—ถ๐—ฏ๐—น๐—ฒ ๐—ณ๐˜‚๐˜๐˜‚๐—ฟ๐—ฒ. ๐Ÿ’š


Are you all set to start usingย ๐—–๐—•๐—”๐— ย next year? Our team ofย ๐—ฒ๐˜…๐—ฝ๐—ฒ๐—ฟ๐˜๐˜€ย can assist you, we are looking forward to sharing with you theย ๐—น๐—ฎ๐˜๐—ฒ๐˜€๐˜ ๐˜‚๐—ฝ๐—ฑ๐—ฎ๐˜๐—ฒ๐˜€.๐Ÿ’ก