Publications » Position papers » Contribution of the waste shipment regulation to EU ambitions on circularity and climate
Contribution of the waste shipment regulation to EU ambitions on circularity and climate
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The release of the Communications by the European Commission on the EU Green Deal and the New Circular Economy shed a new light on how the EU can achieve its goals towards resource efficiency and climate. The EU Green Deal mentioned that “EU should stop exporting its waste outside of the EU and will therefore revisit the rules on waste shipments and illegal exports”.
The Communication also stressed that the access to resources is also a strategic security question for Europe’s ambition to deliver the Green Deal. More precisely, the EU Green Deal pointed out that ensuring the supply of sustainable raw materials necessary for clean technologies, by diversifying supply from both primary and secondary sources, is one of the pre-requisites to make the green transition (even more in the COVID-19 context) happening.
Moreover, the New Circular Economy Action plan aims at these objectives in particular via thefollowing two actions: (1) creating a wellfunctioning EU market for secondary raw materials; (2) addressing waste exports – which are losses of resources and economic opportunities for the recycling industry in the EU through the review of the Waste Shipment Regulation aiming at restricting exports of waste that can be treated domestically within the EU.
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Brussels, 07 May 2024 – The European Commission has today published two Regulations extending the anti-dumping and countervailing measures in force on imports of stainless steel cold-rolled flat products (SSCR) originating in Indonesia to imports of SSCR from Taiwan, Turkey and Vietnam. EUROFER welcomes the extension of the duties and the introduction of import requirements connected to strict monitoring of imports.
The outlook for the European steel market in 2024 continues to lose momentum amidst persisting challenging conditions. Downside factors such as worsening geopolitical tensions, coupled with growing economic uncertainty, energy prices, inflation, interest rates have further impacted demand prospects. According to EUROFER’s latest Economic and Steel Market Outlook, these challenges have exacerbated the negative effects on apparent steel consumption, resulting in a more severe downturn in 2023 than previously projected (-9%, instead of -6.3%) and weaker growth in 2024 (+3.2%, instead of +5.6%). Output in steel-using sectors, despite showing more resilience than expected in the past year (+1.1%), is now set to decline (-1%). Imports are once again on the rise (+11% in the last quarter of 2023), capturing a staggering 27% market share throughout 2023.
Second quarter 2024 report. Data up to, and including, fourth quarter 2023