Steel

| Aeiforos SA, for its End-of-Life vehicle (ELV) recycling process, is one of the first companies in Europe being able to prove compliance with the recycling rates according to the End-of-Life vehicles ordinance.In order to further improve the value added from shredder residue, the Greek recycling company uses a Sesotec Varisort M for the recovery of metals from the shredder light fraction (SLF).

| According to the Alocci RI Group, May is the third month in a row characterized by a strong escalation of the metallic raw materials prices, mostly for the ferrous scrap ones.

| The World Steel Association (worldsteel) forecasts that global steel demand will decrease by -0.8% to 1,488 Mt in 2016 following a contraction of -3.0% in 2015. In 2017, it is forecast that world steel demand will return to growth of 0.4% and will reach 1,494 Mt.

| According to a recent report by the Alocci RI Group, the prices in March were slightly higher and an increase of prices and volume is expected for April.

| One of the world’s most prominent economic forecasters is the central speaker of the divisional plenary meeting during the upcoming World Recycling Convention & Exhibition in Berlin (29 May – 1 June 2016).

| On March 18, the International Automobile Recycling Congress IARC 2016 in Berlin, Germany, came to an end. More than 220 representatives of the global automotive recycling sector had come together to discuss current political conditions and the latest trends in recycling technology.

| World crude steel production for the 66 countries reporting to the World Steel Association (Worldsteel) was 120 million tonnes (Mt) in February 2016, a -3.3% decrease compared to February 2015.

| The Commission suggests policy measures to support the European steel sector to overcome its serious challenges, largely due to global overcapacity.

| The Alocci RI Group has published a report on the Italian steel market for February that show some good signs, but also some flaws.

| According to Metal Packaging Europe, in 2013 more than 3 million tonnes of steel packaging and aluminium beverage cans were recycled.

| World crude steel production for the 66 countries reporting to the World Steel Association (Worldsteel) was 128 million tonnes (Mt) in January 2016, a -7.1% decrease compared to January 2015.

| World crude steel production reached 1,622.8 million tonnes (Mt) for the year 2015, down by -2.8% compared to 2014. Crude steel production decreased in all regions except Oceania in 2015.

| The 16th International Automobile Recycling Congress IARC 2016 organized by ICM AG will be held from March 16 – 18, 2016 in the Hotel Palace in Berlin, Germany.

| The European Recycling Industries Confederation (EuRIC) voiced European steel recyclers’ views during a side-event of the United Nations conference on climate change COP21.