Tag: steel industry outlook 2026

China: Ferrous scrap demand set to rise in 2026 amid low-carbon push

Jan 22, 2026

—

by

Ramavath Mounika

in Melting Scrap

EAF steelmaking driving stronger scrap consumption growth Scrap supply expected to grow to 260 mnt Mysteel Global: China’s demand for ferrous scrap is projected to expand in 2026, driven by the steel sector’s accelerating transition to low-carbon production and a growing emphasis on electric-arc-furnace (EAF) steelmaking, according to Mysteel’s latest market forecast. Slight decline in…