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Constellium may cut EU recycling expansion amid scrap squeeze

Constellium’s CEO said the company may drop plans to expand recycling in the European Union unless policymakers address a scrap shortfall tied to used metal exports.

CSTM

Constellium may abandon plans to expand its recycling business in the European Union unless policymakers address a scrap shortage tied to used metal being exported overseas, its CEO said on Tuesday. 8735 euros.