10,728.60 TRY BIST 100 BIST 100
5.99 CNY CNY CNY
49.07 EUR EUR EUR
42.35 USD USD USD
0.12 CNY CNY/EUR CNY/EUR
40.06 TRY Interest Interest
64.75 USD Fossil Oil Fossil Oil
70.02 USD Silver Silver
4.98 USD Copper Copper
104.42 USD Iron Ore Iron Ore
345.00 USD Shipbreaking Scrap Shipbreaking Scrap
5,565.54 TRY Gold (gr) Gold (gr)

Recycling Europe warns ahead of EU scrap trade move: “Decisions should be based on numbers, not noise”

EU Commission Vice President for Trade Maroš Šefčovič announced yesterday that preparations have begun for a “balanced” trade measure targeting the aluminum scrap trade. It was reported that the measure will be shaped based on allegations of “scrap leakage” and is planned to be adopted in spring 2026.

Recycling Europe warns ahead of EU scrap trade move: “Decisions should be based on numbers, not noise”

However, Recycling Europe, representing the European recycling sector, emphasized that the Commission's own monitoring data has found “no evidence of scrap leakage” to date, stating that these claims are “contradictory, unfounded, and misleading.”

“Europe's circularity relies on the recycling sector”

Recycling Europe welcomed Šefčovič's recognition of this role, reminding him that the recycling sector, comprising tens of thousands of SMEs and large companies, creates irreplaceable local jobs across Europe and is a key player in circularity, carbon reduction, resource independence, and material security.

The statement emphasized that Europe cannot achieve its carbon neutrality goals without the recycling sector, adding that the sector cannot grow without strong domestic demand and sustainable markets for recycled materials.

“Decisions should be based on numbers, not noise”

Representatives of the recycling value chain stated that they expect to be fully and equally involved in the upcoming consultation process.

Olivier François, President of Recycling Europe, said:

Representatives of the recycling value chain stated that they expect to be fully and equally involved in the upcoming consultation process. Olivier François, President of Recycling Europe, said:

“The entire value chain wins when decisions are based on numbers, not noise – we, Europe’s recyclers, are ready to engage.”

Sector: Measures must be evidence-based and proportionate

Recycling Europe emphasized that it is ready to participate constructively in the work with the Commission, stressing that any trade measures that emerge must be evidence-based, proportionate, and not advance the interests of one sector at the expense of another.

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

Anabeeb signed SAR 47 million steel pipe supply agreement with Aramco

Wednesday, November 19, 2025

Tenova’s ENERGIRON DR plant achieves its first direct reduced iron production in Bolivia

Wednesday, November 19, 2025

Jai Raj Ispat completes MIDA QLP test with Danieli for its TMT facility

Wednesday, November 19, 2025

Rheinmetall plans to shift its steel sourcing to Europe

Wednesday, November 19, 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