BRUSSELS (Reuters) -Metal producers in the European Union are lobbying the bloc to impose export duties or curbs on scrap metal shipments “in the next few weeks” to stem a sharp increase in flows to the United States caused by the Trump administration’s trade policies. Europe’s metal producers are warning of a shortage of scrap and an upending of carbon-emission strategies after U.S. Donald Trump’s 50% levy on imported steel and aluminium heightened demand, and sharply inflated prices, for tariff-free scrap. The aluminium industry is asking the EU to stem outflows using export authorisation measures, hitherto only used during the COVID pandemic, when the European Commission demanded companies request permission to export protective gear and vaccine doses.Read More
Trump tariffs fan calls by European metal producers for scrap export curbs
