German steel association WV Stahl has sharply criticized the European Commission's proposed modifications to the Carbon Border Adjustment Mechanism, asserting they fail to adequately address industry concerns. The mechanism aims to impose carbon costs on imported steel equivalent to European producers' Emissions Trading System burdens, preventing carbon leakage & competitive disadvantages. However, WV Stahl contends that implementation complexities, inadequate emission calculations, verification weaknesses, & administrative burdens leave European manufacturers vulnerable to unfair competition from international producers facing minimal environmental constraints, potentially undermining decarbonization investments & industrial viability.