China's first "Blue Book on China's Waste Steel Industry Development" released

A few days ago, China’s first "Blue Book on China's Waste Steel Industry Development" was released. The book reviews the development of China's scrap steel industry during the “Twelfth Five-Year Plan” and describes the important role of the scrap steel industry in the sustainable development of the steel industry, energy conservation and emission reduction, and the development of circular economy. According to Luo Baihui, secretary general of the International Model Association, the crude steel output of China's steel industry has accounted for about 45% of global steel production, while pig iron production accounts for about 60% of the world's total. The proportion of China's electric furnace steel is about 10%, and the converter steel is about 90%. This has caused the current situation of China's steel industry's resources and energy demand and high total energy consumption. Yin Ruizhen, an academician of the Chinese Academy of Engineering, said that the use of scrap resources plays an important role in reducing mining load, energy conservation and emission reduction, and developing a circular economy. Finding out the volume of scrap resources, the amount of scrap produced in different years, and the proportion of steel mill consumption is an important task. The rational use of scrap resources must be based on a reasonable and market-based basis. The "Blue Book of China's Waste Iron and Steel Industry Development" was established in October 2010. It lasted for two years and was completed by Wang Zhenwu, executive vice president of China Waste Steel Application Association, to fill the gap in China's scrap industry. In the process of preparation, the Ministry of Industry and Information Technology, the National Development and Reform Commission, the Ministry of Environmental Protection, the Ministry of Commerce and other ministries and commissions have received strong guidance.