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EU aluminium producers push for 30% scrap export levy
Yahoo Financeยท 2025-09-12 08:39
BRUSSELS (Reuters) -The European Union's aluminium sector is urging the European Commission to impose duties of around 30% on exports of scrap metal to stop it flooding out of the bloc and leaving domestic producers short. EU aluminium scrap exports hit a record 1.26 million metric tons in 2024, according to industry group European Aluminium, around 50% higher than five years ago, with most heading to Asia. The EU industry says the situation has since worsened due to U.S. President Donald Trump's import ...