Steel in the circular economy

A sustainable circular economy is one in which society reduces the burden on nature by ensuring resources remain in use for as long as possible. As a permanent material, steel is fundamental to achieving a circular economy. It is easy to reduce the weight of steel products, and steel components can be effectively reused, remanufactured, or recycled.

Steel markets and durability

Whether it is for transport systems, infrastructure, housing, manufacturing, agriculture, or energy, steel is a vital material in our modern world. In applications with a long service life, we will need to wait a hundred years or more to recycle the steel they contain. But every piece of steel can eventually be recycled to meet the growing global need for new steel.