Steel-industry trade press; metals and cement ETS impact angle
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GMK Center · Ukraine / Global · Vietnam opens Southeast Asia's first mandatory carbon exchange
Steel-sector trade press perspective on the 25 steel mills entering the pilot, including Formosa Ha Tinh. Notes that Vietnam's steel industry has the most complex compliance burden given its reliance on coal-fired blast furnaces. Frames the exchange as part of a broader Asian ETS convergence pressuring steel producers from Korea to Indonesia.
“Vietnam launches emissions trading for three key industries , steel among them.”