AIRLINK 80.60 Increased By ▲ 1.19 (1.5%)
BOP 5.26 Decreased By ▼ -0.07 (-1.31%)
CNERGY 4.52 Increased By ▲ 0.14 (3.2%)
DFML 34.50 Increased By ▲ 1.31 (3.95%)
DGKC 78.90 Increased By ▲ 2.03 (2.64%)
FCCL 20.85 Increased By ▲ 0.32 (1.56%)
FFBL 33.78 Increased By ▲ 2.38 (7.58%)
FFL 9.70 Decreased By ▼ -0.15 (-1.52%)
GGL 10.11 Decreased By ▼ -0.14 (-1.37%)
HBL 117.85 Decreased By ▼ -0.08 (-0.07%)
HUBC 137.80 Increased By ▲ 3.70 (2.76%)
HUMNL 7.05 Increased By ▲ 0.05 (0.71%)
KEL 4.59 Decreased By ▼ -0.08 (-1.71%)
KOSM 4.56 Decreased By ▼ -0.18 (-3.8%)
MLCF 37.80 Increased By ▲ 0.36 (0.96%)
OGDC 137.20 Increased By ▲ 0.50 (0.37%)
PAEL 22.80 Decreased By ▼ -0.35 (-1.51%)
PIAA 26.57 Increased By ▲ 0.02 (0.08%)
PIBTL 6.76 Decreased By ▼ -0.24 (-3.43%)
PPL 114.30 Increased By ▲ 0.55 (0.48%)
PRL 27.33 Decreased By ▼ -0.19 (-0.69%)
PTC 14.59 Decreased By ▼ -0.16 (-1.08%)
SEARL 57.00 Decreased By ▼ -0.20 (-0.35%)
SNGP 66.75 Decreased By ▼ -0.75 (-1.11%)
SSGC 11.00 Decreased By ▼ -0.09 (-0.81%)
TELE 9.11 Decreased By ▼ -0.12 (-1.3%)
TPLP 11.46 Decreased By ▼ -0.10 (-0.87%)
TRG 70.23 Decreased By ▼ -1.87 (-2.59%)
UNITY 25.20 Increased By ▲ 0.38 (1.53%)
WTL 1.33 Decreased By ▼ -0.07 (-5%)
BR100 7,629 Increased By 103 (1.37%)
BR30 24,842 Increased By 192.5 (0.78%)
KSE100 72,743 Increased By 771.4 (1.07%)
KSE30 24,034 Increased By 284.8 (1.2%)

LONDON: Europe’s metals recycling industry could collapse under the European Commission’s proposed changes to waste shipments that clamp down on exports to encourage recycling, members of the Bureau of International Recycling (BIR) have warned.

The EU proposals aim to restrict the export of waste materials such as metals, plastics and textiles as part of efforts to increase recycling within the bloc and stop waste being shipped to emerging market countries where it may be dumped rather than recycled.

But BIR members said the regulations would create a surplus of material in the region and disrupt the flow of scrap metals and other materials to buyers outside the EU.

“The EU Green Deal if carried out in the guise of a ‘one fits all’ approach may have detrimental effects to green recycling in areas such as ours,” European Metal Recycling’s Murat Bayram said during the BIR’s annual World Recycling Convention, taking place online this year.

“Export restrictions would result in nothing short of a collapse of the current strong green infrastructure that relies on unhampered access to end-markets all over the world,” Bayram added.

The metals industry argues that lumping together all secondary materials as “waste” obscures the high-quality metal that goes into smelting facilities and that European recyclers do not have enough capacity to process it all.

“The worst that can happen with the Waste Shipment Regulation revision is an increase in unjustified export prohibitions and inclusion of technical barriers to trade, such as requiring exactly the same company conditions outside the EU as within the EU, that will make exports impossible,” Ross Bartley, BIR’s environmental and trade director, told Reuters.

Comments

Comments are closed.