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[Ferro-Alloys.com] According to the statistics of Bureau of International Recycling, China's steel scrap consumption soared by 15% to 2159.3 million tons in 2019, compared with 187.7 million tons in 2018, which shows that China is the largest scrap consumer in the world.
In 2019, the proportion of steel scrap used in China's steel production rose to 21.7%. According to the World Steel Association, China's EAF steel production using steel scrap has further increased, from 54 million tons in 2017 to 103.2 million tons in 2019.
In 2019, steel scrap consumption in the United States increased by 1% YoY to 60.7 million tons, while crude steel production increased by 1.5% year on year. In 2019, the proportion of steel scrap used in crude steel production in the United States dropped to 69.1%.
The consumption of steel scrap in the European Union's 28 member countries, Japan, Russia, South Korea, Turkey and Canada also decreased. The consumption of steel scrap in the European Union's 28 member countries decreased by 3.7% to 87.545 million tons, while the crude steel output in the region dropped by 4.9%, and the steel scrap ratio used in crude steel production dropped to 54.8%.
In 2019, Japan's steel scrap consumption decreased by 7.7% year on year to 33.684 million tons, while the country's crude steel output decreased by 4.8% year on year, and the steel scrap ratio used in crude steel production dropped to 33.9%.
In 2019, Russia's steel scrap consumption decreased by 4.3% to 30.4 million tons, while crude steel production decreased by 0.8%, and the scrap ratio used in crude steel production dropped to 42.5%.
In 2019, South Korea's steel scrap consumption decreased by 4.7% to 28.5 million tons, while crude steel output decreased by 1.4% year on year, and the proportion of steel scrap used in crude steel production dropped to 39.9%.
In 2019, Turkey's scrap consumption decreased by 10.9% to 27.9 million tons, crude steel output decreased by 9.6% and steel scrap ratio in crude steel production decreased to 82.8%.
Canada's scrap consumption in 2019 decreased by 5.8% to 6.28 million tons, while its crude steel production decreased by 4.9% and the proportion of steel scrap used in crude steel production fell to 49.1%.
Source: translated from worldmetals.com.cn
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- [Editor:kangmingfei]
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