Maharashtra clears 937 hectares for Gadchiroli steel expansion Steel stock surges 29% in just two days Steel output rises 14% to 9.25 MT Infrastructure boom fuels India’s steel consumption
Ukraine and Sweden have agreed to simplify accreditation procedures for verifiers under the EU’s Carbon Border Adjustment Mechanism, a move that could ease pressure on Ukrainian exporters, especially steel producers selling into Europe. The new framework will allow Ukrainian companies to verify greenhouse gas emissions using actual data instead of higher default values, helping reduce potential carbon-related costs. Under the arrangement, Sweden’s accreditation body, SWEDAC, will support the accreditation of Ukrainian verification bodies using the technical expertise of Ukraine’s National Accreditation Agency. The step is also meant to address wartime logistical constraints that have limited foreign experts’ ability to carry out on-site verification in Ukraine. For the steel sector, the change is especially important because CBAM compliance is becoming a critical factor for maintaining access to the EU market. By making verification more practical and efficient, the agreement could strengthen the competitiveness of Ukrainian steel exports and set a useful model for future cross-border accreditation cooperation.
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