The Brussels-based European Recycling Industries' Confederation (EuRIC) has voiced strong opposition to a proposed ban on recycled aluminium exports from the EU. On the flip side, several other European industry groups are pushing for tighter controls, citing growing concerns over aluminium scrap leakage. What's fueling this split in opinion?.
The recycling organisation, amidst the rising demand for safeguard measures urged by the majority of the EU scrap exporters, have enunciated that the low aluminium scrap export volume indicates a restriction to the trade, providing no solution for the trade and energy concerns of the aluminium producers in the EU.
Owing to the previous messages of the European aluminium producers and organisations, the association states that it is deceiving, as it does not revert back to the concerns or the interests of the aluminium recyclers in the EU.
EuRIC further delves into the report collected from the Eurostat agency in 2024, the EU imported a total of 43,000 tonnes of recycled aluminium from the US, where they exported just about 9,300 tonnes in the same year to the other nations.
Trade imbalance brought to the notice
EURIC has brought to our notice that the European Union’s aluminium scrap imports from the US have always been higher than its exports. In 2022, the European Union exported a total of 4,391 tonnes of aluminium scrap to the US. In the following year, the export rose by 100.97 per cent, reaching 8,817 tonnes. In 2024, the US imported a total of 10,981 tonnes of aluminium scrap from the EU, representing a hike of 24.54 per cent.
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