Steel is at the centre of the circular economy. Steel is a permanent material – this is to say, it can be recovered and recycled endlessly, without losing its essential properties.
Steel production, use and recycling naturally follows a circular pattern, with steel products returning to the cycle once their service life has ended.
The large volumes of steel produced in Europe every year – 160 million tonnes – are made with large amounts of scrap steel. 56% of EU steel is made from scrap, with around 100 million tonnes of scrap steel recycled every year.
In 2020, the EU published a Circular Economy Action Plan. This Action Plan is an important step in developing a truly circular economy in Europe.
European Steel in Figures 2021 is EUROFER's statistical handbook, laying out in an easy-to-use format the key statistics and data about the performance and footprint of one of Europe's most important strategic sectors.
The deployment of large volumes of renewables represents a key challenge for the management of the grid and needs to be balanced also with the objective of providing competitive and secure energy. In this sense, it is important to accelerate the integration of renewables in the market in order to foster cost-effective solutions.
The Circular Economy Action Plan: from Proposal to Reality