Test 5 CBAM Country Intelligence Argentina 2026: Cascading Institutional Penalty, National-Average Entrapment, and Damage Bifurcation

Argentina's aluminium and steel rank among the cleaner exporters in their sectors, yet face EU CBAM costs like far dirtier rivals. This facility-level study of ALUAR, Ternium, Acindar and Tenaris traces the gap to three institutional gaps, not emissions, pricing each to 2034.