Aleš Falatov, Director of Marketing and Business Development at SIJ Group, stated that the plan addresses the challenges faced by the steel sector and that its swift implementation could help reverse the decline in the European steel industry. He also stressed the need to improve global competition conditions and reinforce the EU’s trade defense instruments. According to Falatov, it is essential that the proposed measures be promptly implemented at both EU and Member State levels.
SIJ Group welcomed the proposed measures aimed at establishing a level playing field in global markets. The company particularly highlighted the market dominance of countries like China through subsidies, reiterating its support for the strengthening of the EU’s trade defense mechanisms.
Furthermore, the Group underlined the importance of expanding the scope of the Carbon Border Adjustment Mechanism (CBAM) to include both raw materials and certain finished steel products, viewing this as crucial for preventing carbon leakage and preserving fair competition.
However, SIJ Group expressed reservations regarding the “melted and poured” concept, which has yet to be finalized by the EU. The company also raised concerns about the potential inequitable distribution of support for producers involved in the green transition. While continuing to invest in reducing its own environmental impact for sustainable production, SIJ Group warned that unbalanced incentives could distort competition.
Also emphasizing the importance of the circular economy, SIJ Group stated that 70% of the raw materials used in its production processes are recycled. The company expressed its appreciation for the EU’s recognition of steel scrap as a “strategic secondary raw material.”
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