Towards a Circular Steel Industry


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Steel is a vital material for the progress of human societies. It is used for a wide range of applications, including infrastructure, buildings, transport vehicles and home appliances, among many others. Steel can be recycled without loss of quality, which also makes it a crucial enabler for a transition towards a more circular economy. On the other hand, the steel sector is one of the most significant contributors to climate change. It is responsible for about 7% of global energy-related carbon dioxide emissions, since the majority of steel production relies on fossil fuels as energy sources and as reductants to process iron ore. A transition towards a fully sustainable and climate-neutral steel sector will require decisive action to continue advancing all levers of circularity. Key steps include improving material efficiency, increasing the share of recycled steel (as more scrap becomes available over time) and making steel production processes more efficient.

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