EU sanctions against Russian raw aluminum after all?
EU sanctions against Russian raw aluminum after all?

26 January 2024 – According to the latest reports, the EU has once again put aluminum, and in particular raw aluminum from Russia, on the negotiating table for the 13th sanctions package. And Brussels wants to have resolved the technical problems with the submission of CBAM declarations by January 29, 2024 – can this be achieved?

EU sanctions: Aluminum back on the negotiating table?

Is aluminum now back on the negotiating table of the European Union after it was excluded from the last sanctions package against Russia? At least it is one of the few remaining raw materials on which the EU has not yet imposed any or only limited sanctions.

Only raw aluminum left?

Therefore, possible negotiations on the 13th sanctions package are also likely to focus only on alloyed and non-alloyed raw aluminum from Russia, especially non-alloyed raw aluminum, where the largest share of EU imports in 2022 came from Russia (approx. 19%). In the case of alloyed raw aluminum, only 6% of total imports came from Russia.

Alternatives for Russian raw aluminum?

However, as the European Union is dependent on imports of raw materials – after all, imports of raw aluminium amounted to more than 6.5 million tons in 2022 – the question that was already raised by the 12th sanctions package remains unanswered: Who will be able to step in as a producer and exporter to Europe in the long term? India is unlikely to be an attractive alternative for most European companies in view of the EU Carbon Border Tax CBAM and the extremely high CO2 emissions in India’s aluminum production, which is based on fossil fuels, especially coal, and its close relations with Russia.

EU CBAM: Update on January 29, 2024 – Liberation for the breakdown portal?

As we were informed this morning from Brussels, there will be an update on Monday, January 29, 2024 with some urgently needed bug fixes.

We wonder when the update is due to arrive on Monday? And what would such authorities do if the declarant were to come up with such excuses two days before the deadline?

“All animals are equal, but some animals are more equal than others”

Animal Farm, George Orwell, 1945

CBAM declarants not welcome in Brussels

After an initial review of the IT release fixes available to us, we are sad to say that in all likelihood not all of the errors known to us will be corrected with the update.

The CBAM department at the European Commission also continues to adhere to the deadline of January 31, 2024, despite its serious technical problems, which make it impossible to submit CBAM declarations.

Brussels also no longer wants to receive error reports directly from users obliged to make declarations and refers them to the National Competent Authorities. Which in many cases do not even have an active help desk or CBAM support. The farce is getting crazier and crazier.

We will of course keep you up to date.

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