Scrap Steel Explainer: A guide on scrap steel types, their limitations, and related market dynamics

Transition Asia's comprehensive explainer on steel offers insights into the world of steel recycling. With steel's remarkable recyclability, recycling over 650 million tonnes annually without quality loss, the explainer highlights energy and raw material savings. It emphasizes the need to increase scrap usage in steel production for reduced reliance on raw materials and emissions. Covering scrap types, Electric Arc Furnace (EAF) importance, and constraints, the explainer outlines strategies for a greener future, including demand signals, sustainable steel production methods, and the role of scrap steel in meeting decarbonization regulations.

Author: Transition Asia, August 2023

Resource: https://transitionasia.org/scrap-steel-explainer/

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Commentary: It’s time companies use their purchasing power to decarbonise the polluting steel industry