The European Union (EU) is preparing a broader restriction on aluminium scrap exports to non-Organisation for Economic Co-operation and Development (OECD) countries, replacing an earlier trade proposal that would have covered only part of the bloc’s scrap flows. The move could largely impact...
As smartphones, laptops, televisions, electric vehicles, and household appliances become an integral part of modern life, electronic waste (e-waste) is emerging as one of the world's fastest-growing waste streams. Yet, every discarded electronic device contains more than just obsolete technology—it...
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Electric cars accounted for nearly 50 per cent of all new passenger car registrations in the European Union from January to November 2023. Notably, in the month of November alone, electric car sales surpassed the halfway point, according to available data from the European Automobile Manufacturers...
This week, the downstream sector of the aluminium industry witnessed a lot of significant updates. To begin with, starting in 2027, the United Kingdom will levy a carbon border tax on imports of critical industrial resources such as aluminium, iron, steel, ceramics, and cement. Another important...
In a groundbreaking move, Mytilineos SA has secured its position as the largest bauxite producer in the European Union with the approval of the acquisition of Imerys Bauxites by the Hellenic Competition Commission. This strategic development marks a significant milestone in the metallurgy sector as...
Russia’s Aluminium Association has cautioned the domestic industry of the adverse effects of Western sanctions, tariffs, and price drops. The global aluminium prices have dropped to their lowest level since March 2021, while the US and EU almost banned Russian exports. Furthermore, the Russian...
The European Union plans to implement the Carbon Border Adjustment Mechanism (CBAM) starting January 1, 2026, a carbon tax on specific imported goods, prompting varied perspectives from across the globe, including India. The United Nations 28th Conference of Parties (COP28) in Dubai has discussed...
The industry group European Aluminium believes the European Union should sanction Russian aluminium metal rather than banning a few products like aluminium wire, foil, tubes, and pipes for a more significant impact. According to the group, a more robust and stringent action is required to restrict...
Adam Hearne is an expert on the commodity and manufacturing sectors’ transition to a net-zero economy. He is the CEO and co-founder of CarbonChain, providing automated, asset-level carbon accounting for most carbon-intensive supply chains. His career spans nearly two decades across supply chain...
UN Climate Change High-level Champion for Egypt, Mahmoud Mohieldin, has reportedly advised heavy industries and hard-to-abate sectors to acquire a financing scheme that would pull funds from Western donors to help them shift to cleaner power generation. He said a Just Energy Transition Partnership...
Mytilineos and Karatzis, two leading companies in Greece, have recently signed a power purchase agreement (PPA) that will pave the way for the construction of three large photovoltaic plants in the country. This initiative will not only boost the country's renewable energy sector but also bring...
The Federation of Aluminium Consumers in Europe (FACE) is of the opinion that the European Union's twelfth package of sanctions on Russian aluminium will harm Europe's economy more than Russia's. In response to the report last week that European Union (EU) countries are contemplating imposing new...
Brussels, 22nd November 2023: The Permanent Material Alliance - comprising the Association of European Producers of Steel for Packaging (APEAL), European Aluminium, the European Container Glass Federation (FEVE) and Metal Packaging Europe. Source: Permanent Material Alliance The Alliance welcomes...
The European Parliament gears up for a significant legislative battle as a text promoting sustainable packaging faces amendments after intense corporate lobbying. With packaging waste reaching 188.7 kg per person in 2021, the proposed legislation aims to reduce per capita packaging waste by 10 per...
Eurostat reported that in 2022, the circular material use rate in the EU reached 11.5 per cent, indicating that 11.5 per cent of the material resources utilized in the European Union were derived from recycled waste materials. The statistical office of the European Union is Eurostat, with a mission...
In a recent move, the European Commission proposed its 12th package of sanctions against Russia, receiving a cautious welcome from the European Aluminium. The proposed sanctions target specific aluminium products, such as wires, tubes, pipes, and aluminium foil. While European Aluminium appreciates...
As the European Commission concludes its 12 th sanctions package against Russia in response to the Ukraine-Russia geopolitical crisis this month, various options are under consideration, ranging from mildly impactful to potentially significant. Of particular concern is the possibility that specific...
During a recent gathering between the European Commission and representatives from Japanese industry to deliberate on the European Union's Carbon Border Adjustment Measures (CBAM) pertaining to steel and aluminium, the Japan Iron and Steel Federation (JISF) emphasised the apprehensions within the...
On Tuesday, November 7, India's Commerce and Industry Minister Piyush Goyal assured the domestic aluminium and steel industry that no unfair taxes in the form of Carbon Border Adjustment Mechanism (CBAM) would be accepted. He said India had already expressed concerns over the carbon tax with the...
The European Union is gearing up to investigate excess capacity in China's steel industry, potentially leading to a 25 per cent tariff being imposed on imports from the second-largest global economy. Furthermore, aluminium is under scrutiny within the EU, with officials considering a 10 per cent...
