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New from Old: The Global Potential for More Scrap Steel Recycling

December 01, 2021
Simon Nicholas and New from Old: The Global Potential for More Scrap Steel Recycling
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Key Findings

The quality of steel made from recycled scrap is on the rise even as carbon emissions from the process are poised to drop further with the continuing roll-out of renewable energy.

By adopting steel recycling, China would improve its resource security by reducing its reliance on Australia's iron ore and coking coal.

Simon Nicholas

Simon Nicholas is IEEFA’s Lead Energy Finance Analyst for Bangladesh, Pakistan and the global steel sector as well as Asian seaborne thermal and coking coal markets.

Simon’s focus is on the energy transition, the long-term outlooks for coal and steel as well as the need for emerging nations to establish financially sustainable power systems to support their development.

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