AEGIS Europe

Good to cohost ‘Antwerp dialogue’ on trade policy & overcapacities this afternoon with AEGIS Europe Cefic industriAll Europe An #IndustrialDeal needs a proactive trade policy toolbox

📌 Ferroglobe PLC’s CEO, Marco Levi, has participated in the Antwerp Dialogue on Trade, hosted by AEGIS Europe and industriAll Europe in Brussels, focused on the future of an effective trade policy preventing further deindustrialization in Europe and combating massive overcapacities worldwide. The Antwerp Dialogue addressed crucial topics around the need for a robust EU trade policy to safeguard against economic distortions and ensure a level playing field for European industries. Some of them included: 🔵 The impact of geopolitical, economic, and environmental challenges on European manufacturing. 🔵 The urgent need for an Open Strategic Autonomy to ensure a competitive and resilient EU. 🔵 The significant threats posed by unfair competition, particularly from non-market excess capacities in China. 🔵 The necessity for robust trade defense rules and a targeted industrial policy to secure Europe’s industrial future. 🗣 During his intervention, Marco Levi emphasized that “excess capacities in non-EU countries, especially in the silicon metal sector, distort the market and suppress prices, causing financial instability for EU producers. Therefore, we need stronger trade defense mechanisms to protect the EU market and ensure fair competition”. Our participation at this event, as the largest western producer of #siliconmetal and a relevant industrial player in Europe, offered a valuable opportunity to shed light on the challenges of the European manufacturing sector. #AntwerpDialogue #EUIndustry #BuildingOurFuture

Yesterday, we participated in the Antwerp Dialogue on shaping an effective trade policy to combat deindustrialisation in Europe and address global overcapacities, organised by AEGIS Europe and industriAll Europe! 🌍💼 A special thanks to Norsk Hydro and Bruno D'hondt for representing our industry! Addressing overcapacity is of crucial importance for the European #aluminium industry as subsidised industrial overcapacity in China poses a fundamental threat to our sector. Over the past few decades, China's non-market practices have created an unfair playing field. Their use of subsidies and low pricing has led to a surge of Chinese products in our markets, lowering the competitiveness of European producers. For aluminium, overcapacity began a few years ago in the primary segment and has since extended to semi-transformation and recycling. Today, it also impacts several finished products containing aluminium, such as #BEVs and #solar panels. Chinese overcapacity for semi-finished aluminium products is equivalent to three times the entire EU demand for these products. ✅Our key messages included: 🔹 A pragmatic approach to EU trade defence is essential. This includes initiating more ex-officio cases, assertively implementing existing EU Trade Defence Instruments (TDIs) and preventing the circumvention of trade measures. 🔹 Developing additional measures, such as tariffs, is necessary to counteract unfair trade practices, especially those originating from non-market economies. 📄Want to know more about our stance on overcapacity? Read our recent position paper addressing overcapacity and decarbonisation in the framework of the EU-US Global Arrangement ➡️ https://lnkd.in/dtvYZnRK #AntwerpDialogue #TradePolicy 

📢 AEGIS Europe urges the EU to act against excessive non-market capacities threatening EU manufacturing. 🌍 The G7 summit recognized the need for effective tools against this issue, but diplomatic talks aren't enough. Immediate and robust EU action is essential. Our Asks: 👉 Immediate recognition that economically irrational and non-market excess manufacturing capacities undermine the EU’s competitiveness and the need to restore a level playing field and encourage future investments; 👉 Introduce legislation to impose punitive tariffs or equivalent measures at the borders; 👉 Relax injury requirements in trade defence investigations for the affected sectors; 👉 Include provisions in EU FTAs allowing the EU to counteract. The EU industry stands at a crossroad: if we don’t act now, we risk further compromising our economic security and the future of the EU’s industrial base! Read our PR here: tinyurl.com/2ejy9r6s

This morning, our co-chair Inès Van Lierde participated in the CIRFS: European Man-made Fibres Association Executive Summary to discuss the importance of a level playing field for European industries. 👏🏭

📢 AEGIS Europe is extremely pleased to welcome WindEurope as new member of the Alliance.👏 We look forward to fostering our collective efforts to restore a level playing field and maintain fair international competition.🌍 Read our press release here👉 tinyurl.com/23fhdzrv

❗ Join us at the upcoming CIRFS: European Man-made Fibres Association Executive Seminar on May 29, 2024 in Brussels! CIRFS: European Man-made Fibres Association is thrilled to announce that its seminar will cover a diverse range of topics, including: ☑EU Trade Strategy ☑Strategic Dependencies ☑Free and Fair-trade Actions by AEGIS Europe ☑Transition Pathways ☑Industrial Policy ☑Eco-design for Circular and Sustainable Textiles ☑Recycling Hubs ☑Envisioning a Future Industrial Deal complementing the Green Deal Inès Van Lierde from AEGIS Europe is one of our speakers who will be discussing "AEGIS Europe – Why a Level Playing Field is Urgently Needed". 👉 Don't miss this opportunity to engage in insightful discussions and network with industry experts! 👉 Save the date and register now: https://bit.ly/4btqVfE #cirfsexecutiveseminar #mmf #recycling #greendeal #sustainability #trade

📢 SEA Europe supports AEGIS Europe's feedback on the revision of the Foreign Direct Investment Screening Regulation recently proposed by the European Commission. This proposal aims to ramp up the existing foreign direct investment screening mechanisms in order to preserve Europe’s strategic autonomy and ensure a global competitive level playing field.🌐 ➡ SEA Europe joins forces with AEGIS Europe to call for an enlargement of the scope of the Regulation to the Maritime Technology Industry, which covers commercial and naval shipyards and their supply chain of maritime systems, equipment and services.⚓ 🚨 The Maritime Technology Industry is of particular importance for the security or public order interests of the Union as it builds, equips and maintains naval capabilities that are paramount for preserving Europe's strategic autonomy, defending its maritime borders, and securing its critical maritime and underwater infrastructure. 📍 Building and maintaining advanced naval military assets require a strong industrial value chain in commercial shipbuilding. Indeed, commercial and military shipbuilding are closely connected, sharing up to 70% of materials, supply chains, jobs, and skills. 📍 Because military orders mainly come from governments, it is important for the shipbuilding industry to maintain its capacities, jobs, supply chains, and know-how with a critical mass of commercial orders. Therefore, preserving a thriving European maritime technology industry is a critical security concern. Read AEGIS Europe's paper here 👇 https://lnkd.in/eXDs23fx 🔎 NB: The EU industrial sectors grouped within AEGIS Europe represent the entire value chain ranging from commodities such as ferro-alloys, non-ferrous metals or ceramics to end products like railway and maritime equipment, ships, bicycles or solar panels. SEA Europe is a member of AEGIS Europe.

🎞 European #steelmaking is driving the creation of more next-generation jobs in Europe.   🧑🏭 In our latest Reel, Inès Van Lierde, Co-chair of AEGIS Europe, explains that #EU #steel directly employs more than 300,000 people and supports over 2 million indirect jobs.   European steel. Made to make the future.   #StrongerWithEUSteel   🔗https://lnkd.in/dG68tYsB

AEGIS Europe 👏 European Commission release of the updated report on state-induced distortions in China's economy, a key document for ongoing and future EU #trade defence investigations.