Europe's Aluminum Scrap Dilemma

European Union grapples with losing millions of metric tons of aluminum scrap annually, prompting concerns about availability for European industries. The European Commission plans to keep more scrap within Europe, amidst a global battle for recycled materials. Aluminum scrap is crucial for Europes industrial policy, linking circularity, decarbonization, and strategic independence. The United States and China also play significant roles in the global aluminum scrap market, with China rapidly increasing its demand for recycled aluminum. Export restrictions on aluminum scrap seem likely, along with efforts to improve public awareness and increase recycling rates for items like aluminum beverage cans.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.