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Review of the requirements for packaging and other measures to prevent packaging waste
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The European Steel Association (EUROFER) welcomes the work done so far by the European Commission to reduce packaging waste, promote recycling and to analyse potential packaging waste prevention measures.
The Packaging and Packaging Waste Directive (PPWD) actively worked in the past to reduce the negative impacts of packaging on the environment. But now a review is needed in order to make it aligned with the goals of the European Green Deal (GD) and of the new Circular Economy Action Plan (CEAP) towards waste prevention, design for re-use of and recyclability of packaging, inter alia, by reducing the complexity of packaging.
This paper wants to present comments and opinions of the EU steel sector concerning packaging products and in relation to: (1) waste generation; (2) weight & recyclability; (3) products & sustainability; (4) end-of-life & recycling; (5) appropriate measures in relation to the Impact Assessment.
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Brussels, 07 May 2024 – The European Commission has today published two Regulations extending the anti-dumping and countervailing measures in force on imports of stainless steel cold-rolled flat products (SSCR) originating in Indonesia to imports of SSCR from Taiwan, Turkey and Vietnam. EUROFER welcomes the extension of the duties and the introduction of import requirements connected to strict monitoring of imports.
The outlook for the European steel market in 2024 continues to lose momentum amidst persisting challenging conditions. Downside factors such as worsening geopolitical tensions, coupled with growing economic uncertainty, energy prices, inflation, interest rates have further impacted demand prospects. According to EUROFER’s latest Economic and Steel Market Outlook, these challenges have exacerbated the negative effects on apparent steel consumption, resulting in a more severe downturn in 2023 than previously projected (-9%, instead of -6.3%) and weaker growth in 2024 (+3.2%, instead of +5.6%). Output in steel-using sectors, despite showing more resilience than expected in the past year (+1.1%), is now set to decline (-1%). Imports are once again on the rise (+11% in the last quarter of 2023), capturing a staggering 27% market share throughout 2023.
Second quarter 2024 report. Data up to, and including, fourth quarter 2023