Metlen CEO Evangelos Mytilineos Urges EU to Halt Aluminium Scrap Exports as Industry Faces Silent Crisis
Mytilineos rejected claims that restrictions on scrap exports would be protectionist. Evangelos Mytilineos, Chairman and CEO of Metlen, has issued a pointed call to European policymakers to urgently restrict exports of aluminium scrap, warning of a looming "silent crisis" that threatens to erode the foundations of Europe's recycling system and compromise its industrial resilience. Speaking publicly through a LinkedIn post, Mytilineos drew attention to a sharp increase in shipments of recyclable aluminium from Europe to the United States. He attributed this trend to a recent U.S. policy shift that doubled import tariffs on primary aluminium to 50%, while leaving recycled aluminium tariff-free. This has significantly heightened demand for European scrap in the U.S. market, resulting in what he described as a "drain" on a strategically vital raw material-one that is critical for green technologies and circular manufacturing. "Europe is...
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