Press Release: Roskill : Roskill: Steel Alloys webinar outlines the road ahead for the 2020s

The sustainability of the steel industry with respect to its carbon footprint is a key narrative that is set to define trends in the steel alloy space over the 2020s. With several steel producers joining the bandwagon for "green steel" to meet government strategies of carbon neutrality. This trend will go hand in hand with the future of the end-of-life (EoL) scrap industry, especially important for high-nickel-bearing stainless steel scrap. China's stainless steel industry is maturing and while the country's scrap ratio has declined for much of the last decade as stainless production was reliant on virgin raw materials, the forecast is set to see EoL scrap consumption ratios in China start to increase this decade. The sustainability of the steel industry with respect to its carbon footprint is a key narrative that is set to define trends in the steel alloy space over the 2020s. With several steel producers joining the bandwagon for "green steel" to meet government strategies of carbon neutrality. This trend will go hand in hand with the future of the end-of-life (EoL) scrap industry, especially important for high-nickel-bearing stainless steel scrap. China's stainless steel industry is maturing and while the country's scrap ratio has declined for much of the last decade as stainless production was reliant on virgin raw materials, the forecast is set to see EoL scrap consumption ratios in China start to increase this decade.