Category: Latest Updates

Italian heavy plate prices declined in the week to 29 May as the impact of weak demand offset the effects of high slab costs.

In Italy, deals for S235JR/S275JR-grade heavy plate have been settled at EUR730-750/t ex-works. The number of transactions has not been high enough to secure order books for summer, and market participants anticipate longer maintenance shutdowns in July-August.

Several sources noted that prices of EUR730/t ex-works are already at breakeven with production costs, taking into account the latest transactions for imported slab settled at $590-600/t CIF Italy.

Some Chinese steelmakers have pushed slab offers to $630/t CIF Italy this week, citing rising raw material costs. The new prices were not accepted by EU buyers.

The introduction of the Carbon Border Adjustment Mechanism (CBAM) adds costs and risks for European re-rollers that traditionally rely on imported semi-finished material. Market sources estimated CBAM duties for Asia-origin slab at EUR50-80/t. However, until exporters secure the required verification — which will take place in 2027 for imports customs-cleared in 2026 — European importers face the risk that duties will be calculated using default values, potentially leading to significantly higher costs.

In Germany, demand also remained muted, with sources citing delays to some wind power projects, which did not improve sentiment. German mills, however, remained firm in their prices, offering heavy plate at EUR820-850/t ex-works.

While the defence industry has been showing healthy demand for heavy plate, competition for these sales has been strong, and the volumes have not been sufficient to change the market trend.

Weekly European heavy plate, slab and green steel
	Unit	Term	29-May-26	Change
Weekly heavy plate
Northwest Europe ex-works heavy plate	EUR/t	EX-WORKS	815.00	15.00
Germany delivered heavy plate (Northwest Europe)	EUR/t	DEL	840.00	0.00
Italy ex-works heavy plate	EUR/t	EX-WORKS	740.00	-10.00
Weekly steel slab
Italy CFR slab	$/t	CFR	595.00	0.00
Weekly green steel
Green heavy plate premium (scopes 1-3 CO2 under 1t)	EUR/t		25.00	0.00

 

Domestic steel hot-rolled coil prices in Northern Europe and Italy rose on Friday May 29, while trading remained largely muted. But market sources that Fastmarkets spoke to indicated wider ranges for workable prices.

In Northern Europe, a mill source reported an indication of €680-700 ($791-814) per tonne ex-works during the day, while buyers indicated varying workable prices within the range of €670-705 per tonne ex-works.

“There are higher and lower numbers based on the mill and the buyer,” a buyer said on Friday.

Sources mentioned the increase in new offers from leading European steelmaker ArcelorMittal that was announced during the week and which reached as high €80 per tonne, but noted that were still waiting to see the market reaction to the higher offer levels.

“Arcelor had showed its intention to get higher numbers,” a mill source said on Friday, adding that they were curious to see how the increase is received by the market.

According to a second buyer, the increase in offers from the leading producer was dependent on the size of the order, with a smaller increase expected for larger volumes, while smaller volumes saw a bigger increase.

The buyer also said upward movements in the market may be seen in September, but not before then.

Sources told Fastmarkets on May 28 they had enough HRC in stock until September, some until October, and there was no need for restock at the moment.

“[The] problem of the pricing is not the price itself, but the extremely low demand,” a third buyer said on Friday, adding that this would change only if European policy changes.

The third buyer said they did not expect better conditions in the market until Russia’s war with Ukraine ended, along with the conflict in the Middle East, which began in late February.

Fastmarkets’ daily steel hot-rolled coil index domestic, exw Northern Europe was calculated at €690.92 per tonne on Friday, up by €10.19 per tonne from €680.73 per tonne on Thursday.

The index was also up by €10.92 per tonne week on week but down by €18.81 per tonne month on month.

In Italy, trading of HRC was also muted on Friday, with mill sources reporting indicative prices of around €670-690 per tonne ex-works and a bid at €660 per tonne ex-works.

Two buyers reported indications for local HRC prices in the range of €660-680 per tonne ex-works, while a third buyer said offers from Italian mills were at €670-690 per tonne ex-works.

According to one of the above buyers, mills were more aggressive pricewise in local sales, but less flexible for exports.

“Everybody waits for quotas information [country-specific allocations] – this can give a real direction for the domestic prices,” the source said on Friday.

New trade defence measures were expected to come into force on July 1, aimed at shielding the EU steel industry from global overproduction and unfair trade practices. The new measures included lower steel import quotas to the EU and higher out-of-quota duties.

“Mills are convinced that [HRC] prices will increase significantly in late third quarter and going forward, boosted by the imports shortage amid new trade regime, but it’s hard to say how much [of an increase] the market can actually absorb,” the a buyer said on Friday.

Fastmarkets’ daily steel hot-rolled coil index domestic, exw Italy was calculated at €671.67 per tonne on Friday, up by €1.25 per tonne from €670.42 per tonne on Thursday.

The index was down by €5.83 per tonne week on week and down by €27.33 per tonne month on month.

The latest import activity in Southern Europe included a large but unconfirmed HRC sale reported on Thursday from Indonesia to Spain around €590-600 per tonne CFR, without Carbon Border Adjustment Mechanism (CBAM)-related costs.

A mill source on Friday said offers from Indonesia to Italy at $650-670 per tonne CFR were heard from different European customers, but no fresh deals were confirmed.

The newly signed Mexico-EU (EU) trade deal could signal a shift in steel trade toward the EU, but Mexican steelmakers will still prefer trade within North America, a steel producer told Fastmarkets.

Mexico and the EU signed the Modernized Global Agreement (MGA) and interim Trade Agreement (ITA) on May 22 to “strengthen political dialogue and cooperation,” according to a statement released by the EU. Mexico and the EU’s trade relationship currently totals €100 billion ($117 billion) in trade annually, the statement said.

“The modernization and signing of the EU-Mexico trade agreement is a positive development overall for the Mexican industrial and manufacturing sectors,” a Mexican producer source told Fastmarkets. “[Having] broader trade access and diversification opportunities is generally beneficial for long-term industrial growth.”

While the trade deal will open other avenues for Mexican steel, “[logistics], freight costs, lead times and existing regional integration within North America will continue to favor the United States-Mexico-Canada (USMCA) market for many steel products,” the producer said.

Mexico has exported 451.55 tonnes of steel to the EU since the start of 2026, according to Mexico’s Steel Trade Monitor. Mexico mostly exports oil country tubular goods (OCTG) to the EU, sending 379.23 tonnes to the bloc this year, the trade data shows.

Mexico exported 160,000 tonnes to the US so far in 2026.

Meanwhile, Mexico has imported 95,200 tonnes of steel from the EU, consisting mostly of cold-rolled coil and galvanized sheet. Mexico has imported more than three times that amount from the US in 2026, according to the trade log.

“For the Mexican steel industry, having additional commercial alternatives and stronger trade relationships outside of North America can provide more flexibility and stability,” the producer said, “particularly during periods of market uncertainty or trade tension.”

The Mexican steel market has faced a wave of uncertainty and volatility since the reintroduction of Section 232 tariffs on steel, which US President Donald Trump reimplemented last year. Currently, Mexico is subject to a 50% levy on steel and a 25% levy on automobiles and auto parts. The tariffs led to a significant decrease in exports to the US, Mexico’s largest trading partner.

Despite the recently inked trade deal, “the US will remain Mexico’s most important steel and manufacturing partner by far due to the highly integrated supply chains between both countries,” the producer said. “The integration between Mexico and the US manufacturing sectors is extremely strong and difficult to replace.”

However, the EU is more “aggressive” compared with the US in finding alternative supply chains that avoid China, Jorge Guajardo, former Mexican ambassador to China, told Fastmarkets on Thursday May 28. The EU deal with Mexico will enhance the Mexican-based steel supply chain “at a time when the EU is facing increased energy prices making it difficult to de-risk globally,” Guajardo said.

The US has averaged 34,304 tonnes of imported Chinese steel since the Section 232 tariffs went back into place on March 12, 2025, data from the US International Trade Administration (ITA) shows, representing a 16.3% decline in imports from China from the year before. Between March 12, 2024 and March 12, 2025, imports of Chinese steel averaged 40,987 tonnes.

Mexico has curbed its steel imports from China significantly since the country introduced a series of tariff measures against countries it lacks trade agreements with. Imports of Chinese steel totaled 909,000 tonnes in 2025, averaging 75,750 tonnes per month. Since the start of 2026, Mexico has imported 70,900 tonnes of Chinese steel, according to Mexico’s Steel Trade Monitor.

The Mexico-EU trade deal comes amid the renegotiation of the United States-Mexico-Canada (USMCA) trade agreement, which some steel industry members anticipate will result in multiple treaties between the countries.

Market participants also say that the tariff-free environment will not return between the three trading partners.

“Free trade — forget it; there will be tariffs,” Oscar del Cueto, American Chamber of Commerce Mexico (AmCham Mexico) and Canadian Pacific Kansas City Mexico president, said during a May 5 conference.

The Mexico-EU trade deal should not threaten ongoing USMCA discussions, Guajardo said.

“I don’t think it affects the USMCA negotiations,” Guajardo said, “but it gives a first step in Mexico’s long journey into diversifying from the US market.”

The producer source agreed with the sentiment, stating that the deal does not amend Mexico’s position toward the US.

“I would not necessarily characterize this agreement as a move against the US,” the producer told Fastmarkets, “but rather as part of Mexico’s broader strategy to diversify trade relationships and strengthen global competitiveness.”

The deal will still allow Mexico to maintain “a very close economic relationship with the United States,” the producer said.

Fastmarkets’ latest calculation of the weekly steel hot-rolled coil index, delivered Monterrey, Mexico was 15,763.29 Mexican pesos ($910) per tonne on May 28, while the corresponding steel hot-rolled coil index, delivered Bajio, Mexico was 15,642.39 pesos per tonne.

Fastmarkets’ price assessment for steel reinforcing bar (rebar), delivered Monterrey, Mexico was 16,200-16,900 pesos per tonne on Thursday. The corresponding assessment for steel reinforcing bar (rebar), delivered Bajio, Mexico was 16,300-17,000 pesos per tonne on the same day.

The hot-rolled coil (HRC) market in the EU has seen little change in terms of business activity, with demand remaining at modest levels amid relatively high or medium stock levels depending on the country and region.

While import HRC offers, both on DDP and CFR bases, have barely moved over the week, trade in the segment has remained shy, sources say. Still, workable domestic prices have slid in some cases, particularly in the southern part. However, most market players are not considering it a slump, but as a result of thin overall demand and some mills being under a bit more pressure to sell versus those already sold out for July. The quota distribution issue remains the key factor weighing on import demand, particularly while, in theory, Turkish and Algerian HRC still has some advantage due to lower estimated CBAM costs compared to Asian material.

In northern Europe, most mills’ official HRC offers have been reported at around €700/mt ex-works for July deliveries, versus earlier targets at €700-710/mt ex-works. The tradable levels have been mostly settled at €680-690/mt ex-works, the same as a week ago, though some sources reported small deals at closer to €700/mt ex-works as well.

In the Italian market, mills’ official offers for HRC have been reported at €680-690/mt ex-works, down from the €690-705/mt ex-works targets of the past week. The workable HRC prices in the southern part of the EU, according to sources, have settled at €670-685/mt ex-works, although some traders have reported that €665/mt ex-works levels are reachable in some cases as well. “There are talks about €680-690/mt delivered [from a large mill] offers and even that is considered high at the moment,” a source told SteelOrbis.

In the import segment, the HRC offers from Algeria have been reported at €730/mt DDP, while Turkish material has been available this week at €690/mt DDP versus discussed deals of the past week at €675-685/mt DDP. In addition, according to sources, ex-Vietnam HRC has been on offer at €690-700/mt DDP in the southern part of Europe. In the meantime, HRC offers from South Korea have been reported at €700/mt DDP.

Import HRC offers on a CFR basis have been reported at €610-615/mt CFR from Turkish mills and at €645-650/mt CFR from Algeria. However, next week there should be greater clarity on HRC from both these origins as the mills will be back from the religious holidays. “Turkey, I think, will be focused on pushing sales for August-September shipment as their quota for Q3 might be already exhausted considering that some sales were concluded back in March-April,” a trader told SteelOrbis. “The Algerian mill controls the quota, but the volume is limited as per the others’ cap,” a source added.

In addition, ex-India HRC offers have been reported at $685/mt CFR, or €590/mt CFR, pretty much in line with the past week. Some sources have also informed about HRC offers from Indonesia at around €550/mt CFR, which is considered quite aggressive under the current market conditions. Sources report that the potentially high CBAM costs for Indonesian material, coupled with duty-related issues, make Indonesian material rather risky to purchase.

French President Emmanuel Macron has noted the importance of the Jonquières-Fos power line, critical infrastructure essential for the industrial projects of ArcelorMittal France, Marcegaglia Fos-sur-Mer, green steel developer GravitHy, Kallanish notes.

The 400kV high-voltage power line is being built and operated by Réseau de Transport d’Electricité RTE to supply the Fos-sur-Mer industrial zone near Marseille.

The existing grid cannot meet the growing electricity needs of the area, which hosts major industrial projects in green steel, hydrogen and other sectors. The line, capable of carrying large amounts of electricity long distance, is considered essential for the decarbonisation and reindustrialisation of the southern Mediterranean corridor.

“I welcome RTE’s commitment to concretely accelerating connection timelines. These are investments for the major industrial and port zones: Dunkirk, Le Havre, Fos. France’s major ports are competitive locations for new industries and these are the accelerations they need,” Macron said at a meeting of the electrification team France held at the Élysée Palace earlier this week.

“I also welcome Enedis’ efforts, which is committed to connecting these electrification projects 30% faster than before. We will need to build new power lines as part of this connection effort. This is the case in particular for the line that must supply the Fos industrial zone. This line is necessary,” he added.

He vowed to have the line enhanced and operational by 2029.

Its completion will significantly reinforce the electrical supply capacity of the entire Fos-Étang de Berre area. The line’s enhancement is part of the electrification programme, Fos Berre Provence 2030, a French infrastructure initiative led by RTE to massively reinforce the electricity supply to the Fos-sur-Mer and Étang de Berre industrial zone.

According to RTE’s project presentation, seen by Kallanish, the south-east’s very high voltage grid dates from the 1970s and is no longer fit for purpose given rising electricity demand. With 60% of the region’s power coming from the Rhône valley, reinforcing the supply from the north has become essential. The electrification programme includes key works such as the reinforcement of existing 400,000-volt lines; the upgrading of a 225,000-volt line to 400,000 volts; and the construction of a new 400,000-volt overhead line between Fos-sur-Mer and Jonquières-Saint-Vincent.

Greensill Bank and Trasteel are said to have reached an agreement for the sale of the Magona re-rolling facility in Piombino, Tuscany, previously owned by Liberty Steel.

“A significant new step forward has been taken towards the reopening of Magona. We now expect the process for the transfer of ownership to Trasteel to be completed swiftly so that the industrial relaunch plan can be implemented,” says Adolfo Urso, Minister of Enterprises and Made in Italy (MIMT) in a note obtained by Kallanish.

A further meeting will be convened within 15 days for the final approval of the plant’s sale process.

However, a source close to the matter believes the agreement is not yet in writing and notes that unions are holding back from celebrating just yet.

Trasteel has formally submitted a binding offer for the lease of the Piombino plant’s business unit and subsequent acquisition of the facility. The company is said to have initially offered €45 million ($52.3m) as a lease payment to be deducted from the purchase price, but this has encountered resistance from creditors. The revised agreement is understood to focus on Trasteel paying €36m over eight months from the date of signing.

The collapse of Greensill in March 2021 left Liberty on the brink of insolvency, and the firm has since battled to find new sources of financing to continue operations.

Trasteel was not available for comment before the press deadline.

Aquí pueden ver la edición de MAYO de nuestra revista INFOACERO

Destacamos a continuación algunos de sus contenidos:

• Opinión – D. Jose Fco. Sánchez- Junta Directiva  UAHE
• Índice UAHE:  Evolución precios de aprovisionamiento Septiembre 24 – Marzo 26
• Siderurgia:  Perspectiva a corto plazo de World Steel Association- Abril 26
• Sector Metal:  Actividad productiva y comercio exterior Abril  – Confemetal
• Colaboración RRHH –D. Agustín Barroso– Director  RRHH HIEMESA

The European steel industry is pressing EU member states to mandate union-origin requirements for low-carbon steel in public procurement, warning that without such safeguards, the bloc’s Industrial Accelerator Act risks incentivizing imports rather than supporting domestic decarbonization investments.

Eurofer, the European Steel Association, wrote a letter to the Competitiveness Council of the EU, ahead of the May 28 Competitiveness Council meeting, asking that IAA should include a clear “union origin” definition requiring low-carbon steel to be “melted and poured” in the EU27 to qualify for public procurement and support schemes.

“This is not the first time that Eurofer has asked for it. The association has been very vocal on this issue, as it says that without robust origin requirements, minimum procurement shares could be met through imports, undermining Europe’s industrial base as steelmakers make unprecedented decarbonization investments,” the association said in its letter seen by Platts, part of S&P Global Energy.

The industry group called for a harmonized “Made in EU” definition across all relevant provisions, including the low-carbon steel credit under CO2 standards, warning that a fragmented framework would create circumvention risks and weaker investment signals.

 

Stronger demand signal

Eurofer said the current proposal falls short of creating sufficient demand certainty to support steel decarbonization investments. The association urged member states to strengthen minimum requirements in public procurement and extend them to technologies covered under the Net-Zero Industry Act, including wind technologies.

The association said a stronger IAA represents a critical opportunity to decarbonize Europe’s steel industry while strengthening competitiveness, resilience and strategic autonomy.

 

Faster trade defense

European manufacturers are separately pressing the European Commission to accelerate trade defense investigations and beef up staffing at DG Trade, warning that lengthy delays are exposing producers to unfair competition.

A joint statement on May 26 by ferrous and non-ferrous industry associations, including European Metals, the European Association of Automotive Suppliers, and European Aluminium, called for improved EU trade defense measures.

The industry groups said investigation waiting times now stretch several months at the case initiation stage alone, risking irreversible damage, including plant shutdowns. The manufacturers called for the commission to use existing trade defense instruments more flexibly and preventively, addressing unfair practices before major injuries occur. They also urged Brussels to adopt a value-chain approach to investigations and to consider a new instrument to address state-driven distortions from non-market economies.

 

Author: Annalisa Villa

spglobal.com

The EU’s Carbon Border Adjustment Mechanism has fundamentally altered how European stainless steel distributors operate, transforming what was once a sustainability reporting exercise into a high-stakes commercial challenge that now shapes pricing, supplier selection and financial risk management on a daily basis.

Michael Lund, chief executive of Danish stainless steel distributor Damstahl Group, said CBAM has created an “unusual commercial situation” where importers price products today based on a future carbon liability whose exact cost remains unknown — sometimes 18 months in advance of settlement.

“CBAM is no longer just a sustainability or compliance topic. It has become a core commercial issue,” Lund said at the Global CBAM Summit in Prague on May 28, organized by the International Association for Carbon Border Adjustment Mechanisms. “From January 1 this year, CBAM became a new reality. Today, it affects our pricing model, our competitiveness, our customer dialogue and our risk management.”

 

Price volatility, timing mismatch

The mechanism, which entered its definitive phase in January, requires importers to purchase certificates covering embedded emissions in six energy-intensive industries: iron and steel, aluminum, cement, electricity, fertilizers and hydrogen. But a critical timing mismatch has emerged: companies import goods today while CBAM certificates can only be purchased from February 2027 for current imports.

That delay exposes importers to significant price volatility. EU carbon allowances have swung dramatically in recent months, creating what Lund described as a “range” rather than a fixed cost. The uncertainty forces distributors to build substantial financial buffers and evaluate hedging strategies against EUA price movements — treating carbon exposure much like currency or commodity risk.

Lund said the competitive landscape in stainless steel distribution is fundamentally shifting. Historical advantages built on low-cost sourcing are giving way to capabilities in risk management, data quality assessment, supplier transparency and operational maturity.

“The biggest challenge is the uncertainty — uncertainty from data gaps, potential verification delays, default values, timing mismatches and EUA price volatility,” Lund said. “But the competitive advantage now comes from understanding risk management, data quality and supplier transparency, at least in the long term.”

The EU’s CBAM works alongside the EU Emissions Trading System to prevent carbon leakage by imposing carbon pricing on imports as Brussels phases out free allowances for domestic producers.

EU carbon prices have experienced extreme volatility in 2026, peaking above Eur90/mtCO2e before falling to around Eur63/mtCO2e in mid-March amid political pressure on the bloc’s carbon market. EU Allowances have recovered steadily since then as the European Commission promised to present a comprehensive review proposal of the EU ETS in July.

Platts, part of S&P Global Energy, assessed EU Allowances for December 2026 at Eur78.74/mtCO2e May 27, the highest since Feb. 11.

 

Business strategy

For Damstahl, which sells a series of flat products, bars and tubes in Nordic and Central European markets, the implications run deep. Sourcing decisions once driven primarily by price, quality and lead times now must factor in emission intensity, data quality, verification reliability and supplier transparency.

“The companies with the best operational control and risk management capabilities are likely to outperform companies that only optimize for the lowest price,” Lund said. “This creates a new competitive dynamic.”

The challenge is compounded by incomplete or unverified emissions data from suppliers, particularly those outside Europe. Default emission values — applied when actual data is unavailable — can materially overstate a product’s carbon footprint, inflating the CBAM liability. Yet importers bear the financial responsibility regardless of data quality.

Lund said Damstahl has responded with a three-pronged strategy: incorporating carbon intensity and supplier maturity into sourcing decisions; strengthening contractual terms around emission data accuracy; and continuously calculating exposure to support pricing decisions and build financial reserves.

The lack of a common baseline has created what Lund called an “inefficient” market where companies apply vastly different assumptions in their pricing models. Some remain focused primarily on compliance, while others have integrated CBAM into core commercial strategy. The maturity gap is producing distorted price dynamics as the industry learns to operate under the new framework.

“The market lacks a clear and consistent price signal,” Lund said. “This uncertainty is currently disrupting the market because companies are still learning how to operate while applying different assumptions, methodologies and risk models.”

 

Author: Eklavya Gupte 

spglobal.com

There will be growth in carbon markets throughout the world in the coming years, with jurisdictions wanting to keep tax revenue at home to spend on decarbonising industry rather than paying it to the EU under CBAM. Customers of EU importers are meanwhile seeking the convenience of being quoted a final CBAM-cost-paid price with the risk borne by the importer, which presents an opportunity for authorised declarants with sufficient resources.

Speakers at the inaugural Global CBAM Summit, organised by IACBAM in Prague on Thursday, dived deep into the myriad of factors surrounding the world’s first carbon import tax.

Among them was Michael Lund, managing director of Danish stainless steel distributor Damstahl, who pointed out companies, when importing CBAM goods, are building accruals on their balance sheet for future cost. These will be paid out in September 2027 when CBAM costs accrued in 2026 will need to be settled.

“Basically, we leverage that risk for the customers and … we have gained new customers in this … segment, where they either do not want to take the risk but do not understand the full game of CBAM,” Lund said at the event attended by Kallanish. However, having sufficient resources as a company is crucial. “It is also about having the power in the organisation to carry this through. It is data intensive, and it kind of touches all different disciplines within your company,” he added.

Many customers want the convenience of a simple CBAM-cost-included price. “Some of our customers [want], I guess I could say it’s [CBAM cost] not a separate line on an invoice, it is included, it’s calculated into the sales price of the customer, basically … that the price that you give should contain the CBAM cost. But that’s exactly the complexity, because right now we have to calculate X, Y amount, kind of guess the right cost that we pay in September 2027. There are not many customers who are willing to order now and to get the final bill in 2027,” he added.

Jan-Joost den Brinker, Chief Technology Officer – Dubrink, nevertheless said some customers prefer to split out the carbon cost onto a separate line on the invoice, “because it makes the conversation easier”.

Dan Maleski, CBAM Lead – Redshaw Advisors, pointed out that many jurisdictions do not have the incentive to introduce carbon pricing as it can initially stunt economic growth, especially in less developed countries. The price of carbon in existing markets is only a fraction compared to EU ETS.

“What other ways can we incentivise India or China to improve the cost of carbon? You go to the UN and ask them very politely, or you can get Baosteel to lobby the Chinese government to incorporate an effective cost of carbon, so Baosteel could be more competitive in Europe, which is what Europe’s doing,” he observed. Non-EU countries can also use their carbon tax revenue to reinvest into decarbonisation rather than paying it to Brussels, he added.

Maleski also said it is unlikely the European Commission will materially weaken ETS during its July review because many firms have already invested significant funds into decarbonising. He also mentioned the example of a US blue hydrogen ammonia project, whose entire business case rests on supplying the EU, threatening to scrap the project if changes were made to CBAM. “There’s a lot of political capital at stake for making sure that this cost [of carbon] doesn’t go away, not because of climate change reason, because of a business reason,” he noted.

One Turkish can maker in the audience expressed concern that her company’s raw material supplier does not have an MRP (Material Requirements Planning) system, which will impact their ability to declare emissions for imports into the EU. “The safest thing you can do right now is rely on default values and try to get them [your supplier] ready as soon as possible. Sit with them, explain them why an MRP is very important,” concluded den Brinker.