Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

EFR evaluates impact of EU Commission’s and Parliament’s Steel Action Plan on European recycling industry

Posted by fidest press agency su venerdì, 15 novembre 2013

English: Scrap metal merchant Part of a metals...

English: Scrap metal merchant Part of a metals recycling facility, featuring a skip full of very large computer monitor screens. The colours go together well to make a bright and attractive image. (Photo credit: Wikipedia)

Brussels, Today, the European Ferrous Recovery & Recycling Association EFR publishes the findings of its study on conflicting policies and initiatives up to, and including, the Steel Action Plan. Following the announcement by the EU Commission of a set of recommendations to revive the European steel industry in summer 2013, EFR commissioned France-based consultancy Laplace Conseil with the evaluation of the impact of those measures on the recycling industry.While fully supporting the Commission’s intention to foster a sustainable EU steel industry, EFR is nevertheless concerned that such measures, whilst ignoring current conflicting policies, might jeopardize the scrap collection, sorting and processing industry.“Export restrictions and high regulation costs on the EU scrap recycling industry will have a detrimental impact on EU’s employment, trade relations and environment,” warned EFR President Tom Bird. “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.”The European scrap recycling industry provides economic as well as environmental benefits, employing 300.000 workers, and, together with the EAF sector, generating a trade surplus of 11 billion Euros. Compared to the BF/BOF sector, the EU’s EAF sector consumes 78% less energy and generates 85% less CO2. Proposals to restrict exports or impose additional monitoring burdens on scrap metal trade are particularly worrisome. Marcel Genet, Founder/Managing Director of Laplace Conseil and author of the report, comments: “The EU has a huge and growing scrap reservoir. There is no risk of scrap shortage that would justify export restrictions. Moreover, export restrictions will not increase domestic EAF steel industry output, since that is driven by domestic demand.”Basic Oxygen Furnace (BOF) and Electric Arc Furnace (EAF) producers are already facing very different regulatory costs, with the scrap-consuming EAF producers burdened with a higher regulatory cost per tonne of finished products. The EU scrap recycling industry fears that negative effects of existing regulations will remain unaddressed as policy makers turn to new scrap export restrictions, monitoring and regulations.

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