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EU carbon tax forces ArcelorMittal Krivoy Rog to stop one of its main seminars

EU carbon tax forces ArcelorMittal Krivoy Rog to stop one of its main seminars

Krivoy Rog Mining and Metallurgical Plant PJSC "ArcelorMittal Krivoy Rog" (AMKR, Dnepropetrovsk region) announces the forced closure of the thriving workshop in the second quarter of 2026

According to the company's press release on Monday, this decision is not easy, but is objectively due to the current economic and market conditions in which the company operates in full-scale war.

The key factor that led to this step was the decision of the European Commission to introduce the CBAM (Carbon Border Adjustment Mechanism) mechanism for Ukrainian manufacturers from January 1, 2026, without any exceptions or transition period. In fact, this means the loss of the European market for a significant part of Ukrainian metallurgical products, which critically affects the production and loading of individual units.

It is emphasized that

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