Eurometrec voices support for EU copper scrap regulation; hopes for review of criteria

Eurometrec, the EU scrap recyclers’ federation, has voiced its support for an EU regulation determining when copper scrap ceases to be waste, but remains hopeful that a review of the criteria will address concerns about a controversial foreign material limit.

Eurometrec, the EU scrap recyclers’ federation, has voiced its support for an EU regulation determining when copper scrap ceases to be waste, but remains hopeful that a review of the criteria will address concerns about a controversial foreign material limit.

For recycling associations, such as the Bureau of International Recycling (BIR) and the British Metals Recycling Assn (BMRA), the EU decision to recommend a 2% foreign materials limit – as opposed to the 5% threshold they had lobbied for – has been met with much resistance, as the BIR estimates that 90-95% of the copper scrap their members process and trade will continue to be classified as waste

Eurometrec, the BIR’s daughter organisation, has reiterated that, despite the lower-than-lobbied-for percentage, it does support a decision on the policy. 

“Eurometrec fully supports that the Council of the European Union [has] come to an agreement on the proposed Council Regulation establishing criteria determining when copper scrap ceases to be waste. Eurometrec thanks those member state experts that also raised [the issue of] the 5% instead of 2% threshold,” Eurometrec President Robert Voss said in a statement

Eurometrec remains hopeful, however, that the threshold could be readdressed in future.

“Crucially, Eurometrec would not want to see the regulation fail to get support at the council on account of the threshold. After all, one of the regulation’s recitals allows for review of the criteria,” Voss added.

Fleur Ritzema
fritzema@metalbulletin.com
Twitter: FleurRitzema_MB

What to read next
The London Metal Exchange has been fined $12 million by the Financial Conduct Authority (FCA) for its role in the rollercoaster nickel market saga three years ago
This is a follow-up pricing notice to yesterday’s notice about the delay. The following prices were affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, rand/tonne MB-ZN-0072 Zinc rand […]
A second pricing notice will follow when the pricing database has been updated.  The following prices have been affected by this:MB-AL-0256 Aluminium fixing price for LME trade, rand/tonne MB-CU-0338 Copper fixing price for LME trade, rand/tonne MB-PB-0064 Lead fixing price for LME trade, rand/tonne MB-NI-0093 Nickel fixing price for LME trade, rand/tonne MB-SN-0005 Tin rand fixing price for LME trade, […]
President Trump has threatened to double tariffs on Canadian steel and aluminium to 50%, potentially escalating tensions in US-Canada trade relations. If implemented, this move could have significant economic consequences and may prompt retaliatory actions from Canada. The article examines the potential implications of this tariff hike and its impact on the steel and aluminium industries, as well as the broader trade dynamics between the two nations.
Fastmarkets is launching assessments of the MB-AL-0407 aluminium P1020A premium, cif Mexico, and the MB-AL-0406 aluminium 6063 extrusion billet premium, cif Mexico, on Tuesday March 11, and will also launch an assessment of the MB-AL-0408 aluminium low-carbon differential P1020A, cif Mexico, on Tuesday March 25. After a consultation period, Fastmarkets is launching assessments of the three […]
This price is part of the Fastmarkets Scrap package. For more information on Fastmarkets North America Ferrous Scrap methodology and specifications please click here. To get in touch about access to this price assessment, please contact customer.success@fastmarkets.com.