Competition on markets which do not have their CBAMs will rise as companies facing high CBAM payments in the EU will have to search other markets for sales
The CPRO informed that compared to 104 rakes in April - August 2023, 124 rakes of bauxite were loaded by April - August 2024, marking a 19.23 per cent increase.
South Aluminum Corporation, IRALCO, Almahdi Aluminium Co. and Iran Alumina Company are four great Iranian companies that produced the ingots during the mentioned period, the report says.