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Euranimi's Entreaty: CBAM Compliance Crisis Cascades
European steel association Euranimi urgently calls for Carbon Border Adjustment Mechanism deadline extensions due to severe verification bottlenecks. Current systems can process only 20-30% of required documentation volumes. The crisis threatens €15 billion in annual steel imports while adding 2-5% to import costs. Inadequate verifier capacity & digital infrastructure create compliance impossibilities that could disrupt European supply chains.
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