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Centravis's Carbon Crucible: War, CBAM & Commerce's Cruel Confluence
Centravis, a Ukrainian seamless stainless steel pipe maker, faces severe pressure from the EU's Carbon Border Adjustment Mechanism. The company earns 70% of its revenue from European sales but cannot complete emissions verification because its main plant in Nikopol sits in an active war zone. Failure to verify actual emissions could double its carbon compliance costs. Indian competitors have used the disruption of the war to expand their European market share. Centravis is calling for a deferral or relaxed conditions for Ukrainian manufacturers to enter the carbon system fairly
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