Defaults punish clean mills
70 % of Turkish steel is scrap-EAF, but the default assumes blast furnaces.
Verified CBAM data for steel mills, from Turkish invoices to an EU customs declaration, with a smart contract that stops double counting and carbon laundering.
6,000 t hot-rolled coil · Kocaeli → Duisburg
Verified
0.354
t CO2e per tonne
EU default
2.671
t CO2e per tonne
70 % of Turkish steel is scrap-EAF, but the default assumes blast furnaces.
The same “green” tonnes sold to two buyers; re-rollers passing on cleaner figures.
Few EU-accredited verifiers yet; no mill wants to email its energy bills.
Five steps, five colours. The same colours follow each actor through the demo.
Turkish invoices and reports, every number quoted.
Mass balance, precursors, benchmarks.
Checks, then an EIP-712 signature.
Each tonne verified, sold and ended once.
Passport checked in seconds.
Each is a real revert you can trigger with the demo's red “Try to cheat” buttons.
No overlapping periods for the same product.
PeriodOverlaps
Never more than the verified tonnes.
ExceedsVerifiedQuantity
Declared or consumed, never twice.
AllocationNotOpen
Precursor carbon is recomputed on chain.
BelowPrecursorEmissions
On default values a mill's emission cuts are worth nothing to its EU buyers. With a verified passport, the EU carbon price reaches the furnace.
Method and sources€8.23
per tonne, for every 0.1 t CO2e/t the mill cuts
€594k
saved on one 6,000 t shipment in the demo
46–410 kt
CO2e a year avoided in Türkiye, low to high scenario
Fictional companies, real EU rules, a real contract running in your browser.