Tuesday, July 28, 2026
30.7 C
New Delhi

EU metal scrap curbs worry India ahead of trade pact: ‘Could tighten supply, raise costs’

EU metal scrap curbs worry India ahead of trade pact: 'Could tighten supply, raise costs'

EEPC India

India has urged the European Union to exempt it from proposed restrictions on metal scrap exports, warning that the move could disrupt supplies, increase production costs and affect the country’s steel and aluminium industries.Under the EU’s revised Waste Shipment Regulation, exports of non-hazardous waste, including recyclable metal scrap, to non-OECD countries will be banned from May 2027 unless the bloc grants approval by November 2026.Separately, the European Commission is also considering restrictions on aluminium scrap exports as part of measures expected to be unveiled later this year.

India seeks exemption from new rules

Industry representatives have raised concerns with the Ministry of Commerce, following which India formally applied to the EU seeking continued access to recyclable metal scrap under the proposed framework, according to documents reviewed by Reuters.Government officials said one possible compromise could involve export quotas instead of a complete ban, although the trade ministry has not officially commented on the matter.

Steel, aluminium industry warns of supply crunch

Industry leaders have warned that restrictions on EU scrap exports could significantly tighten raw material supplies for Indian manufacturers.”The EU is a key supplier of high-quality ferrous scrap to India and any export curbs could tighten supply and raise costs for domestic steelmakers,” said Pankaj Chadha, Chairman of the Engineering Export Promotion Council of India. India, the world’s second-largest crude steel producer, imported around 366,000 tonnes of aluminium scrap from the EU in 2025 and emerged as the bloc’s largest buyer during the first quarter of 2026, according to industry estimates.The issue comes as India and the European Union prepare to implement their recently concluded trade agreement early next year.

Go to Source

Hot this week

French wildfire created a monster cloud, unleashing lightning that ignited more fires

Monster cloud created by the wildfires PARIS: A wildfire in southwest France grew so powerful that its smoke column became a thunderstorm, generating lightning that struck the ground and ignited new fires beyond the original blaze, F Read More

Keigo Higashino, author of ‘The Devotion of Suspect X’, dies at 68

File photo: Keigo Higashino Japanese mystery fiction author Keigo Higashino has died aged 68, his publisher said on Monday, triggering an outpouring of grief among fans across Asia. Read More

Celeste’s final text to D4vd on night before murder revealed

Prosecutors on Monday gave a moment-by-moment account of the last night of 14-year-old Celeste Rivas Hernandez, showing that after a stream of text messages with singer D4vd, her phone went permanently silent when she arrived at his ho Read More

‘Pyaar Prema Kalyanam’ OTT release: When and where to watch

‘Pyaar Prema Kalyanam’ OTT release_ When and where to watch Elan, Saanvee Meghana’s romantic family Director Elan, who won appreciation for ‘Pyaar Prema Kaadhal’, is all set to make his acting debut wi Read More

Pamela Anderson charms all with her graceful mother-of-the-groom look

Pamela Anderson turned heads in a graceful floral lace gown as she celebrated son Dylan Jagger Lee’s wedding in Saint-Tropez. Read More

Topics

French wildfire created a monster cloud, unleashing lightning that ignited more fires

Monster cloud created by the wildfires PARIS: A wildfire in southwest France grew so powerful that its smoke column became a thunderstorm, generating lightning that struck the ground and ignited new fires beyond the original blaze, F Read More

Keigo Higashino, author of ‘The Devotion of Suspect X’, dies at 68

File photo: Keigo Higashino Japanese mystery fiction author Keigo Higashino has died aged 68, his publisher said on Monday, triggering an outpouring of grief among fans across Asia. Read More

Celeste’s final text to D4vd on night before murder revealed

Prosecutors on Monday gave a moment-by-moment account of the last night of 14-year-old Celeste Rivas Hernandez, showing that after a stream of text messages with singer D4vd, her phone went permanently silent when she arrived at his ho Read More

‘Pyaar Prema Kalyanam’ OTT release: When and where to watch

‘Pyaar Prema Kalyanam’ OTT release_ When and where to watch Elan, Saanvee Meghana’s romantic family Director Elan, who won appreciation for ‘Pyaar Prema Kaadhal’, is all set to make his acting debut wi Read More

Pamela Anderson charms all with her graceful mother-of-the-groom look

Pamela Anderson turned heads in a graceful floral lace gown as she celebrated son Dylan Jagger Lee’s wedding in Saint-Tropez. Read More

Only 1 In 3 Americans Support Iran War; Majority Say Trump Hasn’t Explained Goals: Report

Show Quick Read Key points generated by AI, verified by newsroom Public support for Iran war dropped to 33 percent. Most Americans consider President Trump’s war goals unclear. Read More

Trump Signals Hope For Iran Deal As Drone Attacks Test Fragile Ceasefire

Show Quick Read Key points generated by AI, verified by newsroom US President Trump signaled diplomacy with Iran, threatening renewed strikes. Iran confirmed ongoing exchanges, alleging illegal US maritime blockade. Read More

NEET Protest Cases: Assam, Bihar Announce FIR Withdrawals After CJP Warning

Show Quick Read Key points generated by AI, verified by newsroom Assam, Bihar withdrew NEET protest cases following CJP warning. Assam government confirmed withdrawal of five registered cases. Read More

Related Articles