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Fabricated Figures & Fraudulent Filings Foil CBAM's Fortitude
Asian steel exporters are supplying European Union buyers with carbon emissions verification reports that experts say are physically impossible. Figures as low as 1.1 metric tons of CO₂ equivalent per metric ton are being claimed for blast furnace production, well below what metallurgy allows. Around ninety percent of Chinese mill reports reviewed by specialists contain incorrect data. European importers risk severe financial penalties when formal Carbon Border Adjustment Mechanism declarations fall due in September 2027
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