scrap export

Domestic deliveries of raw materials to steel mills fell by 2.7% m/m in April 2023

Demand for raw materials from European steel producers is increasing

The ban applies to all types of ferrous scrap, but does not include alloyed or corrosion-resistant scrap

Domestic supplies of raw materials to steel plants for March 2023 increased by 23.6% m/m

Domestic supplies of scrap to steel plants for February 2023 increased by 43.3% m/m

Domestic supplies of scrap metal to steel plants in January 2023 amounted to 49.4 thousand tons

The amount of scrap in January-March 2023 is estimated at the level of 300-320 thousand tons

A high rate of raw material exports risks jeopardizing both Europe's strategic autonomy and its climate goals

EUROFER believes that stricter monitoring of exports to third countries is necessary

In January-October 2022, the import of scrap metal decreased by 10.4% year-on-year

The ban on the export of scrap from the EU will lead to the loss of jobs and an increase in the stocks of scrap for European companies

Restrictions will apply in 71 countries, or every third country in the world, after the adoption of appropriate measures in the EU and Mexico