Steel is at the core of a green economy
The steel industry does not compromise on environmental responsibility
Steel is Green
Steel is essential to the modern world and the use of steel is critical in enabling man to move towards a more sustainable future. Steel is fundamental in a greener world, whether in lighter more efficient vehicles, renewable energy generation, new highly efficient power stations and construction of smart electrical grids or transport infrastructure development and high energy efficient residential housing and commercial buildings.
Latest Steel Matters
SteelMatters – November 2024
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Steel is at the core of a green economy.
The steel industry does not compromise on environmental responsibility. Steel is the world’s most recycled material and 100% recyclable. Steel is timeless. The steel industry has improved steel production technology to the point where only the limits of science confine our ability to improve. The steel industry needs a new approach to push these boundaries. As the world looks for solutions to its environmental challenges, all of these depend on steel.
Key Facts
- Around 90% of water used in the steel industry is cleaned, cooled and returned to source. Most of the loss is due to evaporation. Water returned to rivers and other sources is often cleaner than when extracted.
- The energy used to produce a tonne of steel has been reduced by 61% in the last 50 years.
- Steel is the most recycled material in the world, with around 630 mega tonnes recycled annually.
- In 2017, The recovery and use of steel industry by-products has reached a worldwide material efficiency rate of 96.3%.
- Steel is the main material used in delivering renewable energy: solar, tidal, geothermal and wind.
