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Scrap resource structure changes, output will increase significantly

Dec. 11, 2019

According to the statistics of the Scrap Steel Association, the total output of scrap steel resources in China in 2019 is 240 million tons, an increase of more than 20 million tons year-on-year, an increase of 9%. Among them, iron and steel enterprises produced 40 million tons of scrap steel themselves, accounting for 16.7% of the total resources; 200 million tons of socially purchased scrap steel, accounting for 83.3% of the total resources. Of this total 240 million tons of resources, steel-making consumes 215 million tons of scrap steel, accounting for 89.6% of the total resources; the foundry industry consumes 18 million tons, accounting for 7.5% of the total resources; there are nearly 10 million tons of steel bars And crushed material is used to turn the molten iron into a blast furnace. From January to September this year, 180,000 tons of scrap was imported across the country, and the number of scrap imports from key steel companies counted by the Scrap Association was zero.

According to the above data analysis, Li Shubin, executive vice chairman of the China Iron and Steel Application Association, pointed out that the supply structure of social waste steel resources has changed fundamentally, and nearly 100 million tons of waste steel resources occupied by the original “strip steel” companies have been transferred to the formal mainstream. steel industry. The supply structure and flow of the scrap steel market have been optimized, and scrap steel resources have been rationally used.

According to industry experts' forecast, China's waste steel output will exceed 300 million tons in 2030. In this regard, Li Li said that the rapid growth of waste steel resources will have an important impact on the iron and steel industry's process structure, steel plant layout, resource consumption, energy consumption and carbon emissions. The Ministry of Industry and Information Technology attaches great importance to the comprehensive utilization of waste steel resources and actively promotes the healthy and sustainable development of the waste steel processing industry. Since 2012, the Ministry of Industry and Information Technology has announced six batches of a total of 252 scrap steel processing enterprises with a total processing capacity of more than 70 million tons. With the entry of the 7th approved enterprise, the total processing capacity of the regulated enterprise is expected to exceed 100 million tons.

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