【SMM Aluminum Flash News】243% Increase in European Aluminum Scrap Exports to US, Raises Raw Material Supply Concerns

Published: Oct 23, 2026 18:30 (GMT+8)

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Executive Chairman of Greek metals and energy group Metlen, said that European aluminum scrap exports to the US had increased by 243%, raising concerns over Europe's access to strategic secondary raw materials. He highlighted the contrast between 50% US tariffs on primary aluminum and zero tariffs on aluminum scrap, which could encourage greater scrap flows to the US. The company did not specify the comparison period for the reported increase. Continued expansion of recycling capacity in Europe and the US could intensify scrap competition and affect procurement costs and trade flows for European and Asian buyers.

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