EUROMETAL hosts Kawasaki Heavy Industries in Luxembourg
Yesterday, EUROMETAL had the pleasure of hosting a delegation from Kawasaki Heavy Industries (KHI) in Luxembourg, accompanied by representatives from Deloitte, Belgium's Advisory practice in Global trade.
The discussion focused on the changing implications of the EU Carbon Boundary Regulation Mechanism (CBAM) for steel trade, as well as the broader decarbonization challenges facing the international steel value chain.
Kawasaki Heavy Industries is currently evaluating the potential role of advanced carbon capture technologies in supporting steel producers exporting to the European Union.
As part of the market research, they asked EUROMETAL for high-level information on CBAM availability, possible costs, new procurement trends, and the growing market interest in low-carbon steel solutions.
The exchange was constructive and far-sighted.
He stressed that CBAM is increasingly influencing supply strategies, supplier interactions, and investment decisions far beyond Europe's borders.
He also stressed the importance of transparency, reliable accounting of emissions, and regulatory clarity to ensure a competitive and workable transition.
We appreciated the opportunity to share cumulative market observations from the European steel distribution sector and gain a better understanding of decarbonization initiatives being considered in Asia.
Constructive dialogue between the regions and the entire value chain remains important, as the steel industry is undergoing one of the most profound transformations in its history.