commiss regul ec march continu prior commun surveil import iron steel product origin countri commiss european commun regard treati establish european commun regard council regul ec decemb common rule import repeal regul ec articl thereof regard council regul ec march common rule import countri repeal regul eec eec eec articl thereof consult advisori committe regul ec commiss introduc prior commun surveil import iron steel product origin countri regul amend commiss regul ec extend scope surveil commiss regul ec commun extern trade statist period establish commiss regul ec situat chang introduct surveil recent develop world steel market requir reliabl quick inform system futur import commun china market kei driver import increas demand steel product china increas product capac acceler pace china product crude steel increas million tonn million tonn move world share period product capac ad bring china capac million tonn import china total million tonn million tonn year export total million tonn million tonn net import move million tonn million tonn million tonn offer find market anticip trend decreas import increas export china continu releas world market import increas quantiti steel product market recent import statist major product type flat product long product tube pipe semi finish product show annual increas averag reach long semi finish product similarli month period run januari octob percentag increas found rang depend product type analysi quarter reveal upward trend occur period whilst figur octob year point acceler trend price commun market lag unit state america market highest world attract interest countri export statist employ eu produc show mark declin fall peopl decreas year basi recent trend import steel product recent develop chines market acceler pace increas import high price steel product eu market import job loss recent year threat injuri commun produc purpos articl regul ec deem exist interest commun requir import steel product continu subject prior commun surveil order provid advanc statist inform permit rapid analysi import trend take account expect develop mention system continu decemb desir regul enter forc dai public order collect data adopt regul articl regul ec modifi regul amend articl replac quot march quot quot decemb quot articl regul enter forc dai public offici journal european union regul bind entireti directli applic member state brussel march commiss peter mandelson member commiss oj regul amend regul ec oj oj regul amend regul ec oj oj oj oj oj regul amend regul ec oj