European Commission plans to revive the European steel industry could have a detrimental impact on the scrap steel industry, according to the European Ferrous Recovery & Recycling Association (EFR).
Following the announcement of recommendations designed to improve the European steel industry this summer, EFR commissioned French consultancy Laplace Conseil to evaluate the proposed impact of the proposed measures on the recycling industry.
Although supporting the Commission’s intention to foster a sustainable EU steel industry, EFR is concerned that the findings of the study by Laplace Conseil show that it could jeopardise the steel scrap collection, sorting and processing industry.
“EFR president Tom Bird said: “Export restrictions and high regulations costs on the EU scrap recycling industry will have a detrimental impact on EU’s employment, trade relations and environment.
“Scrap collectors and processors, along with the EAF steel industry, enjoy a symbiotic relationship that needs to be nurtured, not put at risk by unintended consequences of new regulation.
“EFR fully supports the Commission’s intention to foster a sustainable EU steel industry, but must oppose measures that jeopardise our healthy scrap industry. Instead we would like to see more measures to increase the recycling of steel.”