Tag #Eu Carbon Border Adjustment Mechanism (Cbam)

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ThyssenKrupp to Cut 11,000 Jobs Amidst European Steel Crisis

ThyssenKrupp plans to cut 11,000 jobs amid a European steel crisis driven by US tariffs, high energy costs, global overcapacity, and cheap Chinese steel; the EU is responding with a 100 billion euro investment plan and the CBAM.

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