Emergency Brake on European Carbon Tax Removed: Cost Pressure Increases for Turkish Exporters

The European Parliament has decided to remove the 'emergency brake' mechanism that could suspend the implementation of the carbon border tax even in the event of sharp price increases. This change indicates that the EU's carbon regulation mechanism will be enforced more strictly. Additionally, it has been decided to expand the carbon border tax to include aluminum. This expansion may create additional costs and competitive pressure for Turkish producers exporting aluminum to the EU. Turkish exporters may have to reduce carbon intensity in their production processes to comply with the EU's carbon regulations. Otherwise, they will face additional tax burdens at the border. These developments could negatively affect the cost structure and competitiveness of Turkish companies selling to the EU market. Exporters may need to review their carbon management strategies. Not investment advice.

📊 ALUMINUM — Piyasa Yorumu

▼ down · 60%

The aluminum price fell by 5.7% in the last 24 hours to 3252.9, trading significantly below its 20- and 50-day moving averages. Although the RSI is at 49, in neutral territory, the MACD is negative and below its signal line, indicating that short-term downward pressure may continue. The removal of the emergency brake on the European carbon tax could increase costs for Turkish aluminum exporters, negatively affecting demand to Europe and thus prices. The news is directly capable of disrupting the supply-demand balance, and the market may not have fully priced in this effect yet. Therefore, I assess that downside risk is more dominant in the 1-3 day horizon, but I keep the confidence level moderate because part of the current decline may already be behind us.

RSI 14

49.2

MACD

-5.62

24h Δ

-5.67%

📊 AA — Piyasa Yorumu

▼ down · 55%

AA stock fell 4.56% in 24 hours to 46.53, with RSI at 29.7 near oversold territory. MACD is negative and below the signal line, indicating weak short-term momentum. The removal of the emergency brake on the European carbon tax will create cost pressure for Turkish exporters; this news could be perceived as negative for AA's sector. However, oversold conditions may trigger bargain hunting, so confidence in further downside is limited. In the short term, the 46.00 support is critical; if broken, selling pressure may increase.

RSI 14

29.7

MACD

-0.80

24h Δ

-4.56%

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