The usage of scrap in global steel production is growing at an unmistakable pace and, although over the last few years growth has been static, the long term trend is quite evident. BigMint data show that the share of scrap in global crude steel production peaked in January-June 2026 (H1CY’26), a level not achieved in recent years, and this points to the growing importance of scrap in sustaining higher steel production in the coming years amid increased pace of decarbonisation globally and carbon trade regulations.
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