European Aluminium sent a letter welcoming the Cypriot Presidency of the Council of the EU. We look forward to working with the Presidency on policies that support competitiveness, decarbonisation and fair competition. 

European Aluminium welcomes the Commission’s proposal to extend CBAM to downstream aluminium products and acknowledges the Commission’s efforts to improve the mechanism. However, serious flaws remain, and without rapid action to address circumvention, scrap and exports, CBAM risks increasing rather than reducing carbon leakage.

The European aluminium, ceramic, ferro-alloys and steel industries express deep concern about the potential impact of the EU-India Free Trade Agreement if a sector-specific approach is not adopted and the distinct challenges of our sectors are not fully considered. The signatories call on policymakers to safeguard a fair level playing field, uphold the integrity of EU trade and climate policies, and avoid concluding any agreement that could undermine Europe’s strategic industrial base.