Triple M Metal Completed Acquisition of Scrap Yards

The discussions focused on the carbon dioxide emissions savings potential of ferrous scrap, in addition to major ecological issued for the future of the steel scrap industry in the country.

SEATTLE (Scrap Monster): The Federal Association of German Steel Recycling and Waste Management Companies e. V. (BDSV) held discussions with the member of the Bundestag Sebastian Roloff (SPD) last week on various topics such as use of steel scrap, energy security and decarbonisation and the close ties between them.

Thomas Junker, Managing Director, BDSV highlighted that a cut in Germany’s natural gas supply or additional burdens placed on distribution to the ferrous industry will have a massive economic impact.

The discussions focused on the carbon dioxide emissions savings potential of ferrous scrap, in addition to major ecological issued for the future of the steel scrap industry in the country. The other topics of discussion included funding and investment protection to strengthen the circular economy, securing the supply of raw materials and maintaining free world trade in raw materials.

BDSV noted that the processing of high-quality steel scrap is extremely complex and highly expensive. The steel manufacturers must be willing to pay the extra cost of processing. Stephan Karle, Vice President, BDSV highlighted the need for Europe to position itself as a qualified processor of scrap for the world. Also, free world trade in steel scrap is essential for fair market pricing, he added.





Image and article originally from www.scrapmonster.com. Read the original article here.

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