Author: Manya Dewangan
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Europe: CBAM boosts stainless steel prices, but long-term demand risks emerge
Import volumes decline as CBAM costs rise European mills gain pricing power amid tighter supply The European Union’s Carbon Border Adjustment Mechanism (CBAM) is reshaping stainless steel trade flows, supporting domestic prices in the short term while creating long-term challenges for the region’s competitiveness and demand outlook. Since entering its definitive phase in January 2026,…