Industry News

EU steel & aluminum industries urge stricter scrap export controls amid rising leakage

Views : 76
Update time : 2025-01-17 17:02:53
The European Steel Association (EUROFER) and European Aluminium have urged the European Commission to address the increasing issue of scrap export leakage, which they say is undermining the region’s recycling efforts and competitiveness.

Ferrous scrap exports from the EU rose from 9.14 million tons in 2015 to 18.92 million tons in 2023, while aluminum scrap exports reached 1.2 million tons in 2023 and are expected to exceed 1.3 million tons by the end of 2024. The associations attribute this trend to higher prices offered by third countries, often subsidized, which are rapidly expanding their recycling capacity.

EUROFER and European Aluminium emphasized that boosting domestic recycling is vital for decarbonization and achieving the EU’s circular economy goals, with recycling saving up to 95% and 80% of the energy required for primary aluminum and steel production. They proposed stricter export regulations through mechanisms like the EU’s Foreign Subsidies Regulation and the Critical Raw Materials Act.

However, the EuRIC Association warned against restricting scrap exports, arguing that open trade supports recyclers and sustains Europe’s green transition. The group called for policies that balance economic growth with sustainability, citing rising EU scrap consumption, which grew by 8.8% year-on-year in the first half of 2024.
Related News
Read More >>
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Mar .12.2025
The main theme of domestic favourable macro front remains unchanged, SHFE aluminium prices showed a ‘v-shaped’ rebound today
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Mar .12.2025
Uzbekistan’s aluminium cans manufacturing unit to reduce dependency on imported aluminium packaging
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they? Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
Mar .12.2025
Two contrast sequences set to boost China’s aluminium smelters’ profitability, offsetting tariff losses. What are they?
International crude oil prices increase on Mar 11 International crude oil prices increase on Mar 11
Mar .12.2025
International crude oil prices increase on Mar 11