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China's scrap-to-steel ratio rises, upward trend will continue-Forging Exhibition-2026 China(Guangzhou)International Forging Industry Exhibition
12/25/2025 鍛造展-forging expo-forging exhibition--forging event |
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Wang Dongming, vice chairman of the Standing Committee of the National People''s Congress, which is thesupreme organ of state power of the People''s Republic of China, stated on December 22 that China''s resourcerecycling system is increasingly complete, and that the country has initially established the world''s largest andmost category-comprehensive recycling and reuse network. According to Wang, in 2024 scrap steel accountedfor roughly 21 percent of the raw materials fed into steel production, playing a vital role in safeguarding resourcesecurity.
As of the end of October 2025, the scrap-to-steel ratio in China (the proportion of scrap consumption per totalcrude steel output) stood at 212 kilograms per metric ton, up by 14.5 percent compared to the average levelrecorded in the 2016-2020 period, which was 185 kilograms per metric ton. Government policy aims to raise theutlization rate of scrap, with the comprehensive scrap-to-steel ratio in China expected to reach 30 percent bythe end of 2030.
鍛造展-2026年第二十六屆廣州國際鍛造工業展覽會-Forging Exhibition-2026 China(Guangzhou)International Forging Industry Exhibition
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