
In an era of geopolitical instability, soaring energy prices, a climate emergency, and trade uncertainty from across the Atlantic, securing access to strategic materials has become a top priority for Europe’s industrial economies. The EU’s Steel and Metals Action Plan, announced on 19 March, is the latest step in this broader strategy, aimed at enhancing the competitiveness of the continent’s steel and aluminium industries. Steel and aluminium are vital industrial inputs and among the most recycled materials worldwide. Recycled metals already contribute significantly to European production, reducing CO2 emissions, generating high-quality resources, and supporting....