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15th Steel Development Strategy Conference,
host by SteelHome,
was successfully held in International Convention Center during
April 12-14, 2019. Around 1000 delegates from governments,
associations, steel mills, miners, traders, research institutes
attended the one of biggest events in China steel industry.
8th International Raw Materials Supply Chain Summit,
9th Coal & Coke Development Strategy Conference, 7th China
Commodities E-Commerce Summit and 2019 SteelHome Spring Report
were simultaneously held.
On the morning of April 14, Du Xingya, deputy secretary-general
of the China Association of Scrap Steel Applications, gave a
speech on “Analysis of the Utilization
of Scrap in China and Its Future Development Trend”.
Du Xingya, deputy secretary-general of the China Association
of Scrap Steel Applications
Summary of speech
Scrap steel can usually be divided into three categories:
self-produced scrap; processed scrap and depreciated scrap.
Processed scrap and depreciated scrap are collectively referred
to as social scrap. The total consumption of scrap steel and the
comprehensive unit consumption of scrap steel have all reached a
new record. In 2018, the total consumption of scrap steel was
188 million tons, an increase of 39.68 million tons or 26.9%
year-on-year. Scrap consumption was 202.3 kg/t, an increase of
24.5 kg/t or 13.8% year-on-year.
The Ministry of Industry and Information Technology further
proposed in the “Steel Industry Adjustment Policy” that by 2025,
the scrap ratio of steel making in China should reach 30%.
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(To contact the reporter on this story: leo.ji@steelhome.cn or 86-555-2238932) |
