Small traders fear being 'priced out' of market after Reach

By Tanya Ashreena / May 28, 2018 / www.metalbulletin.com / Article Link

Some small traders of thinly-traded metals are at risk of being priced out of the market, with less than a week to go for the May 31 deadline for the Registration, Evaluation, Authorisation and Restriction of Chemicals (Reach) program, market participants told Metal Bulletin.

A search on the European Chemicals Agency (ECHA)'s database by Metal Bulletin revealed as of 15 May, 2018, only three companies had registered as active registrants, or suppliers, of arsenic. Similarly, for germanium dioxide, only two companies were listed as registrants, as of 27 March, 2018.Metal Bulletin is regularly in touch with at least eight market participants of arsenic and nine market participants of germanium dioxide. The market is thought to be much larger."It will be interesting to see if it [Reach] excludes a few players from the European market for some of the minors," a trader said. "The trouble is that the whole thing works on the principle of cost sharing and when there are fewer participants, as in the minor metal markets, there are fewer people to spread the costs between."The 2018 deadline is critical for the minor...

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