Tag: steel consumption forecast

Global steel scrap generation to reach over 870 mnt by 2050; emerging markets to drive growth

Apr 6, 2026

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by

Anshuman

in Melting Scrap

Steel scrap generation projection revised downward by 31 mnt China, developed markets see declining contribution Japan Metal Daily: Global steel scrap generation is projected to reach 873 million tonnes (mnt) by 2050, revised downward by 31 mnt from the previous forecast, according to the Japan Iron Source Association’s latest Global Steel Scrap Supply and Demand…