The EU has announced plans to restrict exports of aluminium scrap to protect its industry, risking a fresh trade dispute with the US.
European trade commissioner Maro? ?ef?ovi? said on Tuesday that the growing leakage of scrap from Europe risks its sustainability goals. Aluminium producers say their recycling plants are idle as valuable scrap is sold to the US and Asia for higher prices.
US importers are likely to press their government to resist any change. Washington has imposed 50 per cent tariffs on imports of steel and aluminium, but not on scrap, as so many US smelters import that and produce fresh metal.
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