{"id":122874,"date":"2026-11-01T17:41:35","date_gmt":"2026-11-01T15:41:35","guid":{"rendered":"https:\/\/csregypt.com\/?p=122874"},"modified":"2026-11-01T17:41:35","modified_gmt":"2026-11-01T15:41:35","slug":"verified-carbon-data-gives-egyptian-steelmakers-edge-in-european-markets-expert","status":"publish","type":"post","link":"https:\/\/csregypt.com\/en\/verified-carbon-data-gives-egyptian-steelmakers-edge-in-european-markets-expert\/","title":{"rendered":"Verified carbon data gives Egyptian steelmakers edge in European markets: expert"},"content":{"rendered":"<div>\n<div dir=\"ltr\" style=\"text-align: left;\">\n<div>\n<div>\n<div>\n<div>\n<div>\n<p>Dr. Prasad Modak, Managing Director of Environmental Management Center Ltd., said verified product-level carbon emissions data gives Egyptian steelmakers a competitive advantage in European markets, particularly under the <a href=\"https:\/\/csregypt.com\/en\/george-riddell-requests-for-cbam-to-rise-as-of-2026-with-tariffs-imposed-on-carbon-intensive-products\/\">EU\u2019s Carbon Border Adjustment Mechanism (CBAM)<\/a>, which links carbon costs to the emissions intensity of production.<\/p>\n<p>Speaking during an expert talk titled<a href=\"https:\/\/www.facebook.com\/photo\/?fbid=1117711157626444&amp;set=a.151604024237167&amp;__cft__[0]=AZiAfHFzkW1RjoZrolcH6tmG-qMuziKAQzvqmSWfLCDe0D9LvHzItTNQtz2qQ-4mioEeQfi3yEszDIsXVOyNEzdgGkGXbEMtqPocnnEWwuHOdmXDBHVVjjcxHiBTYW_ANiCt6hxhYapX0G3fjSx9KCAkojYit6uL2r0ltqt-0CwV9C5RaKIxUrZkp7E&amp;__tn__=EH-R\"> \u201cSustainable Finance and Climate Risk Management: How Can Companies Prepare for Future Requirements?\u201d<\/a> at Egypt Sustainable Business Week, Modak said companies lacking accurate, verified emissions data may have to rely on default values set by the European Union, potentially exposing them to additional carbon costs compared with producers able to demonstrate their products\u2019 actual emissions levels.<\/p>\n<p><strong>Natural gas-based steel offers low-carbon pathway:<\/strong><\/p>\n<p>Modak said steel produced using natural gas and direct reduced iron (DRI) technology could serve as a model for low-carbon steelmaking in Egypt, provided companies supply verified data demonstrating the products\u2019 actual environmental performance.<\/p>\n<p>This would strengthen exporters\u2019 position and improve their competitiveness in foreign markets, he added.<\/p>\n<p><strong>Emissions measurement key to market readiness:<\/strong><\/p>\n<p>Modak noted that the shift toward low-carbon production is no longer limited to upgrading industrial processes. It also requires robust systems for measuring and disclosing emissions to help companies prepare for the requirements of markets, regulators and financiers.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<div dir=\"ltr\" style=\"text-align: left;\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dr. Prasad Modak, Managing Director of Environmental Management Center Ltd., said verified product-level carbon emissions data gives Egyptian steelmakers a competitive advantage in European markets, particularly under the EU\u2019s Carbon Border Adjustment Mechanism (CBAM), which links carbon costs to the emissions intensity of production. Speaking during an expert talk titled \u201cSustainable Finance and Climate Risk [&hellip;]<\/p>\n","protected":false},"author":410,"featured_media":122875,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"footnotes":""},"categories":[6044,984,6030,13332],"tags":[6336,15338,8050],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Verified carbon data gives Egyptian steelmakers edge in European markets: expert - Csr Egypt<\/title>\n<meta name=\"description\" content=\"Dr. Prasad Modak, Managing Director of Environmental Management Center, said verified product-level carbon emissions data gives Egyptian steelmakers a competitive advantage in European markets.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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