What is South Korea's CBAM default for 7214?
2.118 to 2.310 tCO₂e/t across 7214 10 00 to 7214 99
| CN code | Default, tCO₂e/t |
|---|---|
| 7214 10 00Bars and rods, of iron or non-alloy steel, not further worked than forged (excl. in irregularly wound coils)Carbon steel based on BF/BOF (C) | 2.310 |
| 7214 20 00Bars and rods, of iron or non-alloy steel, with indentations, ribs, groves or other deformations produced during the rolling processCarbon steel based on BF/BOF (C) | 2.118 |
| 7214 30 00Bars and rods, of non-alloy free-cutting steel, not further worked than hot-rolled, hot-drawn or hot-extruded (excl. containing indentations, ribs, grooves or other deformations produced during the rolling process or twisted after rolling)Carbon steel based on BF/BOF (C) | 2.118 |
| 7214 91Bars and rods, of iron or non-alloy steel, not further worked than hot-rolled, hot-drawn or hot-extruded, of rectangular "other than square" cross-section (excl. containing indentations, ribs, grooves or other deformations produced during the rolling process, bars and rods twisted after rolling and free-cutting steel)Carbon steel based on BF/BOF (C) | 2.118 |
| 7214 99Bars and rods, of iron or non-alloy steel, only hot-rolled, only hot-drawn or only hot-extruded (excl. of rectangular [other than square] cross-section and those containing indentations, ribs, grooves or other deformations produced during the rolling process, and of non-alloy free-cutting steel)Carbon steel based on BF/BOF (C) | 2.118 |
Default values: IR (EU) 2026/1740 Annex I, column "total emissions", before the mark-up.
What is it charged against?
| CN code | Route | Benchmark, tCO₂e/t |
|---|---|---|
| 7214 10 00 | Carbon steel based on BF/BOF (C) | 1.629 |
| 7214 20 00 | Carbon steel based on BF/BOF (C) | 1.364 |
| 7214 30 00 | Carbon steel based on BF/BOF (C) | 1.364 |
| 7214 91 | Carbon steel based on BF/BOF (C) | 1.364 |
| 7214 99 | Carbon steel based on BF/BOF (C) | 1.364 |
A default published for a production route is charged against that route's CBAM benchmark (IR (EU) 2025/2620 Annex point 5.1).
Benchmarks: IR (EU) 2025/2620 Annex point 5, Column B.
Mark-up on the default: 10 % in 2026, 20 % in 2027, 30 % from 2028 (IR (EU) 2026/1740 Annex I opening paragraph).
What does it cost per tonne, 2026–2034?
| CN code | 2026 | 2027 | 2028 | 2030 | 2034 |
|---|---|---|---|---|---|
| 7214 10 00 | €72 | €92 | €116 | €163 | €226 |
| 7214 20 00 | €75 | €94 | €115 | €154 | €207 |
| 7214 30 00 | €75 | €94 | €115 | €154 | €207 |
| 7214 91 | €75 | €94 | €115 | €154 | €207 |
| 7214 99 | €75 | €94 | €115 | €154 | €207 |
At the Q2 2026 official CBAM certificate price of €75.28, held flat; the price for later years is not yet published.
Cost per tonne = (default × (1 + mark-up) − CBAM factor × benchmark) × price, never below zero (IR (EU) 2025/2620 Annex point 4, Equation 6).
How does it compare with Other countries?
The Other countries and territories default for the same codes is 3.996 to 4.053 tCO₂e/t.
| CN code | South Korea | Other countries and territories |
|---|---|---|
| 7214 10 00 | 2.310 | 4.053 |
| 7214 20 00 | 2.118 | 3.996 |
| 7214 30 00 | 2.118 | 3.996 |
| 7214 91 | 2.118 | 3.996 |
| 7214 99 | 2.118 | 3.996 |
Default values: IR (EU) 2026/1740 Annex I, column "total emissions", before the mark-up.
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