Kallanish articles are only available for active subscribers and clients currently on trial. If you already have login details, please login below to continue.
Updates during the day from our global editorial team.
(Requires a subscription)
Signup for a Free TrialUpdates during the day from our global editorial team.
(Requires a subscription)
Signup for a Free TrialLatest news
Kallanish Steel Weekly: H1 2023 scrap consumption falls, long term trend remains strong
Issue 41, 2023 - This week's editorial: H1 2023 scrap consumption falls, long term trend remains strong
China’s ferrous scrap consumption fell 2.9% on-year in the first half of 2023 to 116.23 million tonnes despite its 1.3% rise in crude steel output. The country nevertheless remained the world’s largest scrap user, Bureau of International Recycling (BIR) statistics advisor Rolf Willeke said at the association’s conference in Abu Dhabi this week.
The EU27, US, Japan, Turkey and South Korea registered declines in scrap usage respectively by 9.6% to 40.02mt, 3.1% to 21.8mt, 4.3% to 16.2mt, 16.4% to 13.68mt and 1.5% to 13.9mt. This was amid declines in crude steel output.
Consequently, the proportion of recycled steel used in crude steel production in H1 was 21.7% in China, 60.3% in the EU, 54.7% in the USA, 38.1% in Japan and 41.3% in Korea. Particularly noteworthy was the high figure of 87.2% for Turkey.
» Login to read the full report or sign up for a trial.
Kallanish articles are only available for active subscribers and clients currently on trial. If you already have login details, please login below to continue.
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous
Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous