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15 MAY 2020 AL CIRCLE

European Commission introduces new monitoring system for aluminium imports

EDITED BY : RUPANKAR MAJUMDER 1MINS READ

On 15th May’20, the European Commission is introducing a new system to monitor the imports into the EU of certain aluminium products. The objective is to permit rapid analysis of import trends, ahead of official Eurostat statistics.

European Commission starts news monitoring system

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The new monitoring system that has been commencing from 15th May’20, replaces the previous surveillance system introduced for steel in 2016 in the context of the crisis in the EU steel sector and for aluminium in April 2018, when the US introduced import restrictions on steel and aluminium.

European Commission begins new monitoring policy

It will respond better to the needs of the industrial sectors concerned and is completely transparent. The new system is based on import statistics available two weeks after the actual imports, thus considerably earlier than the official Eurostat data.

Report on Energy Consumption in Aluminium Smelting and Changing technologies Towards Gas Emission

It offers a better assessment of the import situation as compared to the previous system, which was based on import intentions, not actual imports.


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EDITED BY : RUPANKAR MAJUMDER 1MINS READ

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