UK: Steel target biggest challenge, says t2e

摘要

Packaging companies in the UK will find it most difficult to meet the business targets for steel, according to Angus Macpherson, managing director of the Environment Exchange, the UK trading floor covering about two thirds of the PRN/PERN (packaging recovery notes/packaging recovery notes for exports) market.rnThe UK Department of Environment, Food and Rural Affairs (Defra) has made clear, following a letter from the Environment Agency (EA), that it is not prepared to consider adjusting the steel packaging and recovery targets for business, he said. As a result steel prices are increasing rapidly as the year moves on - to more than £100/tonne. The high price has contributed to the increased amount of steel being recycled or recovered in quarter two (see Table 1, p.8, next story), from the latest reprocessing and export figures (second quarter) published on 22 July.