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Scrap quality key, prices to remain elevated: Vercammen
09 Feb
15:06

Scrap quality key, prices to remain elevated: Vercammen

The quality of scrap will be a key factor for increasing its use in steelmaking, while supply tightness and rising CO2 costs will keep the feedstock’s prices elevated, according to McKinsey senior expert Steven Vercammen. One third of steel is made from scrap, which is the primary decarbonisation factor when it comes to steel production. The scrap-based electric arc furnace route’s emissions intensity of 0.68 tonnes of CO2/t of steel is over 70% lower …
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