Core Viewpoint - The European Union has unexpectedly initiated monitoring of scrap metal trade, which may lead to significant changes in global inventory expectations and future price movements in non-ferrous metals [1] Group 1 - The EU's decision to monitor scrap metal trade indicates a shift in regulatory focus that could impact supply chains and pricing dynamics in the non-ferrous metals market [1] - The monitoring may lead to alterations in global inventory levels, affecting market stability and pricing strategies for companies involved in the non-ferrous metals sector [1] - Stakeholders in the industry are advised to stay informed about potential regulatory changes and their implications for market conditions [1]