Report
Decarbonization
Energy Efficiency
Energy Security
Global Coal Markets
Renewables
Steel Sector
Asia
China
Europe
Japan
Russia
South Korea
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.
Investors are increasingly pressuring global steel companies to set out credible decarbonisation plans and these demands will only intensify. A significant trend that will lower emissions will be the expansion of scrap steel recycling.
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