EU plans 15% tax on aluminium scrap exports

๐Ÿ‡ฌ๐Ÿ‡ง Financial Times (GB) —

AI Summary

The European Union intends to impose a 15% tax on aluminium scrap exports to protect its domestic producers and prevent valuable metal from being exported to the US and Asia. This move reflects efforts by Brussels to strengthen EU metal industry competitiveness.

Move by Brussels aims to protect domestic producers and prevent valuable metal heading to US and Asia

Politics Markets Commodities EU aluminium scrap export tax domestic producers metal markets Brussels

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