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“World Steel Recycling in Figures”

At the BIR Ferrous Division meeting today in Copenhagen, Divisional President Shane Mellor announced the release of the 15th edition of “World Steel Recycling in Figures”covering the five-year period from 2019 to 2023.

“World Steel Recycling in Figures”

In reviewing some of the publication’s key findings, divisional Statistics Advisor Rolf Willeke noted that the latest edition of this well-established and popular report reveals a very small increase in world crude steel output in 2023 as well as a drop in global recycled steel use but positive developments in recycled steel exports.

The conference was organized under the following headings;

Global crude steel production increases by 0.1%

Global crude steel production totalled 1.892 billion tonnes last year for a small increase of 0.1% over 2022, according to worldsteel. There was higher crude steel production in Asia, the CIS, the Middle East and Africa whereas decreases were registered by the EU-27, Other Europe and both North and South America, as well as Oceania.

In more detail...

BIR’s use of the term “recycled steel”

As explained previously, the BIR Ferrous Division is now using the term “recycled steel” rather than “steel scrap” in order to resonate more effectively with the public when highlighting the importance of our material for global steelmaking.

From our own calculations and those of worldsteel...

Big overall drop in recycled steel usage

Recycled steel usage in our key countries and regions was 12% lower last year at 411.281 million tonnes, contrasting with a small increase of 0.2% in their total crude steel production to 1.555 billion tonnes. In all major countries and regions with the exception of the USA and India, recycled steel consumption headed lower in 2023.

It is important to note that the recycled steel usage figure in our stastistics represents...

Use of recycled steel in iron and steel foundries

Our calculation model for global recycled steel use in iron and steel foundries covers the period from 2015 to 2021. It has not been possible to calculate new recycled steel usage figures. Our table from last year showed...

Turkey’s overseas recycled steel purchases fall 10.1%

Last year brought a 10.1% drop in Turkey’s overseas recycled steel purchases to 18.775 million tonnes, although the country remained the world’s foremost recycled steel importer. Its main suppliers were the USA (+13.7% year on year to 4.496 million tonnes), the Netherlands (unchanged at 2.165 million tonnes) and Belgium (+1.9% to 1.509 million tonnes).

India was the world`s second-largest...

EU-27 still the world’s top recycled steel exporter

The EU-27 maintained its position as the world’s leading recycled steel exporter in 2023 with a 9.2% year-on-year increase to 19.219 million tonnes; the main buyer was Turkey...

Despite a decline in recycled steel shipments from the USA last year (-6.9% to 16.264 million tonnes), it remained the world’s second-largest recycled steel exporter; the main buyer was Turkey (+20.9 % to 4.068 million tonnes). By contrast...

Over the past 15 years, “World Steel Recycling in Figures” has quantified worldwide use of recycled steel as a raw material used in steelworks and foundries, while also underscoring the role of our recycled steel as an ecological raw material and an internationally-traded commodity subject to world market prices.

In Copenhagen, Mr Willeke extended his deep thanks for the excellent co-operation with BIR Ferrous Division President Shane Mellor and his board, as well as with Elisabeth Christ and her team from the BIR Secretariat and with all those supporting the “World Steel Recycling in Figures” publication.

For more information;

https://www.bir.org/ 

Source: Bureau of International Recycling, BIR

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