- The Commission has activated a customs surveillance system for monitoring metal scrap imports and exports in the EU.
- This includes ferrous waste and scrap, aluminium, and copper.
- The Steel and Metal Action Plan was adopted to address challenges in the EU’s metals industries.
- A key focus is promoting metal circularity to support decarbonisation and reduce greenhouse gas emissions by 2040.
- The EU faces a decline in metal scrap availability due to exports to third countries.
- A 50% tariff by the US on steel and aluminium products may worsen the issue.
- The Commission will monitor metal scrap trade to ensure sufficient supply for EU industries.
- Collaboration with industry stakeholders aims to improve scrap classification.
- Import and export data will be assessed for further action by the end of the third quarter of 2025.
- Trade statistics are updated monthly for transparency.
Source: taxation-customs.ec.europa.eu
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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