Europe's Carbon Border Adjustment Mechanism is under fierce attack from the machinery sector. The VDMA says 76% of its members cannot get reliable emissions data from suppliers, forcing them to use default values for over 90% of carbon declarations. Meanwhile, EUROMETAL has gathered over 400 signatories demanding broader trade protections for downstream steel users. With new steel import rules tightening from July 2026, European manufacturers face a compounding cost crisis that threatens jobs, investment & industrial competitiveness.