REDUCE
¤ Decreasing the amount of material, energy and other resources used to create steel and reducing the weight of steel used in products.
> Reduce in steel applications
Over the past 50 years, the steel industry has invested in research and technology to create new grades of advanced and ultra-high-strength steels. These grades have reduced the weight of many steel applications by up to 40%. Optimising the weight of products is an integral part of a circular economy.
Reduce during steel production
The industry has also dramatically reduced the use of energy. Producing one tonne of steel today requires just 40% of the energy it did in 1960. Over the same period, steel production has increased almost five times.