News » European Commission decision on SSCR major step forward in countering severe trade distortions
European Commission decision on SSCR major step forward in countering severe trade distortions
Brussels, 16 March 2022 – EUROFER welcomes the publication of the European Commission implementing regulation imposing definitive anti-subsidy measures on imports of stainless steel cold-rolled flat products (SSCR) originating in India and Indonesia. These measures are an important step forward in implementing the EU policy objectives for fair and free trade.
“The European Commission’s decision is a landmark achievement, as it ensures a level playing field for the EU stainless industry, and it is also fundamental in implementing the EU commitments towards sustainable and balanced trade”, said Axel Eggert, Director General of the European Steel Association (EUROFER).
The proceeding was initiated on 17 February 2021, following a complaint submitted by EUROFER. Its conclusions come after significative efforts by both the industry and the Commission to address major raw materials distortions in stainless steel resulting from state interventions in Eastern Asian countries.
These behaviours have granted undue competitive advantages to exporting producers on the EU market and created massive non-market overcapacities. At the same time, it should also be highlighted that the Sino-Indonesian capacities - 100% export-oriented - are relying on production processes which result in CO2 emissions that are around four times higher than Europe’s low carbon stainless steel production.
The Commission’s measures also consolidate the new course of the EU trade action in addressing China’s behaviour by tackling the support it grants to domestic companies along the Belt and Road Initiative. The Indonesian stainless steel industry is a prime example of the export of Chinese capacities to other countries: Indonesia went from zero stainless steel production in 2017 to the second worldwide capacities in 2022. Similar extensions of capacities have also occurred in India.
“Given the linkages between Indian and Indonesian exporting companies, it is essential that the European Commission remains vigilant with regard to any attempts to circumvent or absorb these measures", concluded Mr Eggert.
Brussels, 01 July 2022 – The upcoming negotiations on the EU Emissions Trading System and the Carbon Border Adjustment Mechanism need to enable industry’s decarbonisation and make the green transition a true success story. EUROFER, which represents the EU steel industry providing 310,000 direct jobs and 2,5 million indirect jobs, calls upon the EU institutions to work for a balanced compromise in the final text. The Council, with the adoption of its position, made progress towards a smoother phase out of free allocations for industries in transition to carbon neutrality, but several issues still need to be fixed.
The Commission proposal for the revised Industrial Emissions Directive (IED) risks
slowing the green transition, hampering innovation and complicating permit processes
Brussels, 22 June 2022 – Despite some acknowledgment of industry’s challenges in addressing the green transition, the outcome of today’s plenary vote of the European Parliament will require further work in the next steps of the legislative process to align the provisions to the deployment of the EU steel industry’s ambitious low carbon projects. EUROFER reiterates its call to EU policy makers for an open, fact-based discussion, also in light of the evolving geopolitical and energetic context, in order to speed up decarbonisation and secure the EU’s strategic autonomy.