EU Metals Plan must look at energy prices and demand for recycled metals, not at export restrictions

EU Metals Plan must look at energy prices and demand for recycled metals, not at export restrictions

The European Commission’s Steel and Metals Action Plan is a gamble with Europe’s recycling future, according to the European Recycling Industries’ Confederation (EuRIC). Instead of first securing demand for recycled metals, it prioritises keeping "scrap" in Europe, for Europe, by restricting exports, ignoring the fundamental problem: part of Europe’s recycled metals (“scrap”) is exported because of weak domestic demand and limited processing capacity.

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