Thursday 21/11/2019 “UK Steel: the bright future of recycling”.
A talk by Dr. André Cabrera Serrenho. Senior Research Fellow. Department of Engineering. University of Cambridge.
UK consumers currently demand around 15 million tonnes of steel per year in final goods. Although the British steel production has fallen to well below this figure, the UK largely exports its steel products and manufactured steel goods at low value, while importing most high-value final good containing steel. Only one sixth of UK final consumption of steel goods is currently made with steel produced in the UK. However, domestic scrap availability is expected to increase, which creates a strategic opportunity to transform the UK steel industry from using imported iron ore to recycling national scrap. The UK has a significant advantage in developing technologies for high-quality, high-volume production from scrap to allow a more complete substitution with primary steel. This transition creates opportunities for technology innovation and is environmentally attractive, reducing the greenhouse gas emissions in producing steel to less than half of those from primary production.
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