Yesterday, EUROMETAL had the pleasure of hosting in Luxembourg a delegation from Kawasaki Heavy Industries (KHI), accompanied by representatives from Deloitte Belgium’s Global Trade Advisory practice.
The discussion focused on the evolving implications of the EU Carbon Border Adjustment Mechanism (CBAM) for steel trade and on the broader decarbonisation challenges facing the international steel value chain.
Kawasaki Heavy Industries is currently assessing the potential role of advanced carbon capture technologies in supporting steel producers exporting to the European Union. As part of their market research, they sought high-level insights from EUROMETAL on CBAM readiness, cost exposure, emerging procurement trends, and the growing market interest in lower-carbon steel solutions.
The exchange was constructive and forward-looking. It highlighted how CBAM is increasingly shaping sourcing strategies, supplier engagement, and investment decisions well beyond Europe’s borders. It also underlined the importance of transparency, credible emissions accounting, and regulatory clarity in enabling a competitive and workable transition.
We appreciated the opportunity to share aggregated market observations from the European steel distribution sector and to better understand decarbonisation initiatives being considered in Asia.
Constructive dialogue across regions and across the value chain remains essential as the steel industry navigates one of the most profound transformations in its history.
