Continue watching?
Resume from 00:00
00:00 / 00:00
Sleep timer ended
⏪ 10s
⏩ 10s
6.5K views
2wk ago
Aluminium is becoming scarce and more expensive. In particular, large amounts of scrap are leaving Europe. Manufacturers are calling on the EU to impose export …
...more
47 Comments
Not it's not scarce.
because its so light people hang on to it as long as possible before selling it, because its not a high return
At least DW learned, not to stamp everything as being a crisis. Well done DW, you are actually learning real journalism again. Well done.
Aluminium price rise by 1%. News channels: AlUmInuM iS BEcOminG ScaRSe
Luminous or luminescent in English is from Latin = emits visible light Luminous paint. What you mean to say is aluminium. If you are going to copy regional U.S. accents is it not going to become confusing. Like route and U.S. pronunciation of route as rout which means something totally different. It is not a posh or pompous pronunciation it is basic English. The English use data for example from Latin again but U.S. New Yorkers, pronounce it as dart her when no her was darted
Fun fact, aluminium are used in things like missiles and rockets. Even more fun fact, Ireland exports aluminium to make said things to Russia. Maybe the EU and Ireland should consider stopping exports of this metal that's becoming scarcer for uses where they can't be gathered up and recycled. You know, just a thought.
Hmmm maybe you guys shouldn’t have cut off your best source of cheap energy…
Automakers singlehandedly created this situation.
It is literally the most abundant metal.
Aluminum is the third most common element on earth. We're probably gonna be fine.
If shortage in anything, always ban imports from cheapest producers, paying highest price for same item is the EU way!
Just stop wrapping Turkish pizzas and dürüms in it
There is plenty of aluminium in Australia especially virgin material in addition to recycled materials. Perhaps consider importing the Aluminium directly from Australia?
It's not "aloominun", it's "aluminium"
And the overwhelming majority of Americans do not recycle
Canada has low carbon aluminum smelters and is open for business with the EU
Whats the point of Canada being an associate member if you won't buy resources off them? Europe won't be able to feasibly out produce Canadian aluminum production. Canada I'm sure would happily boost aluminum production if they had certainty and there is a lot of supply chain to shift from USA to Europe.
I’m sure a new emission tax will fix that
This is because of the 'mantra', "it is cheaper to extract than to recycle" which has enticed wasteful corporations for decades.
ah scare in Europe.<br>Headline makes it seem it is globally. <br>Europe is not the world. 🤦♂
So why is it exported? Simply reduce or stop the export completely.
So EU makes manufacturing more difficult and less competitive for its manufacturers with rules and regulations that increase cost, including high energy costs from using expensive energy sources, and still wonder why many Europeans are becoming anxious? Sometimes I wonder whether Europe is not intentionally committing industrial suicide with its rules and regulations. At least happy to see some politicians in AFD in Germany calling out the seemingly foolish energy policies in Germany
Prices on aluminum are going down.
Am selling aluminium ETC
Alluminum is not scarce, but cheap energy is scarce in Europe.
So Novelis is owned by an Indian corporation. ADITYA BIRLA GROUP. WOW, Even i didn't know that.
If you can't even pronounce the name of the metal, how are we to trust what you are saying?
Netherlsnds Rotterdam has enough .
Canada is the world's fourth largest producer of aluminum.
That is why it is called aluminium not alumaximum
I support a level playing field when it comes to industry (such as from regulatory differences) but the energy costs are due to our political class's stupidity, not because of unfair practices abroad. <br><br>If they hadn't willfully destroyed our nuclear energy/fossil fuel infrastructure and opportunities, we would have this issue. If they don't want dependence on Russian energy, they should have built up cheap nuclear energy with a fully European supply chain.
Other than rocks, aluminum is the most abundant mineral resource on the surface of the earth.<br><br>We will literally never run out of it.
Should the EU step in with export restrictions to protect European manufacturers, or should the market remain open? What do you think?
No, markets are manipulating supplies same way oil does.
This seems a bit..well...odd? How can you be short of literally the most abundant metal on the planet earth😮!!!!!!....? Just buy Alumina theres plenty of countries (eg Australia, Brazil, Ireland etc) who would be happy to sell you a ton of it! ( ..pun intended😉)
Every time I see a story like this I'm reminded how this Country backstabbed itself by cutting off all nuclear programs pressured by the green party, they left them dependent on Russia with zero energy independence. Has to be one of the dumbest self inflicted wounds in history
Why complain when you've sanctioned your biggest energy supplier (Russia) and your biggest trade partner/ foreign investor (China) to please your biggest economic rival (USA)
Does Europe not have aluminium resources??
There is a mile long stacked pile of aluminum ingots sitting in a Mexican desert that is enough for 20 million v6 engine blocks. Its still there.
We’re having a similar problem in America with logs for processing into lumber. The Chinese buy it all up for higher costs than most mills can afford to pay, ship the logs to China, process them, make them into furniture products and then ship the products back to America. Somehow they’re able to do all of this cheaper than processing the logs right here. This is putting American sawmills out of business
The solution is so obvious, whose side is the EU on?
TLDW: Aluminum is one of the only 100% recyclable materials, we barely need more than we already have if we could capture all the recyclable containers, and we’d need less energy to recycle than to refine ore. <br><br>Really well explained guys, I’m glad you’re reporting on this! Waste is so important but unglamorous
Don't forget China
How is it that most of the non-English speakers correctly called it ‘aluminium’ yet the narrator calls it ‘aluminum’? I thought the Irish spoke English not ‘American’ English?
Spelt it right but pronounced it wrong.
And Ireland keeps sending aluminium to Russia....
Up next
From this channel
