9,877.59 TRY BIST 100 BIST 100
36.17 USD USD USD
5.00 CNY CNY CNY
37.87 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.36 TRY Interest Interest
74.85 USD Fossil Oil Fossil Oil
32.23 USD Silver Silver
4.66 USD Copper Copper
106.26 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,378.26 TRY Gold (gr) Gold (gr)

EUROFER calls for adding scrap to the list of critical raw materials

EUROFER calls on EU to include scrap on list of critical raw materials

EUROFER calls for adding scrap to the list of critical raw materials

The European Steel Producers Association (EUROFER) has published a joint statement with Wind Europe on the EU critical raw materials law. According to the statement, EUROFER calls on the European Union to include scrap in the list of critical raw materials, because only equal access to critical raw materials will ensure the long-term competitiveness of European production and prevent carbon emissions.

Associations said that metal scrap is in short supply. Despite being critical for the successful decarbonization of the steel sector and its value chain, scrap is the most exported waste stream from the EU to third countries.

Axel Eggert, CEO of the European Steel Association (EUROFER). “The Critical Raw Materials Act should provide targeted market measures that promote local, sustainable supply chains and offer investment incentives at least comparable to the US Inflation Mitigation Act. In particular, the EU steel industry needs access to both energy and fossil fuels such as wind, as well as important raw materials such as scrap, nickel and manganese to supply green steel to the value chain. We also invite the Commission to prepare a proposal focusing on strategic commodities to move towards a "green" economy, such as steel and wind, in the context of the Green New Deal industrial plan."

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Asil Çelik updated its scrap prices

Sunday, February 16, 2025

Will the Scrap Vehicle Incentive Law affect the scrap market in Türkiye?

Wednesday, February 12, 2025

Aliağa shipbreaking scrap prices increased

Wednesday, February 12, 2025

The UAE scrap industry is experiencing rising demand and price spikes

Wednesday, February 12, 2025

Canon has announced that they will be using recycled steel in their products

Monday, February 10, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now