Maximisation of scrap use and circular economy

Chinese policymakers are very keen to maximise steel scrap to replace iron ore to reduce carbon emissions from the steel industry. In January 2021, the Ministry of Industry and Information Technology (MIIT) released guidance on the steel industry’s high-quality development, which sets a goal to increase domestic steel scrap supply to 300 Mt/a by 2025 from 260 Mt in 2020.

In July, the National Development and Reform Commission (NDRC) announced a plan for the development of the circular economy during the 14th five-year plan (2021-2025), which lifts the target for domestic steel scrap supply to 320 Mt/a by 2025 to increase scrap’s contribution to the total crude steel production to 30% from only 10% in 2020. China introduced a ban on steel scrap imports in July 2019, which was partially removed from January 2021. However, the actual steel scrap imports in 2021 were only 0.56 Mt for various reasons, which is much lower than the peak of 13.69 Mt in 2009.

BBN is also actively responding to low-carbon and environmentally friendly production and is concerned about changes in the global environment.

JIS G3101 ss400  carbon structural steel plate is BBN's most popular low carbon production product. the information is as follows:

JIS G3101 ss400 carbon structural steel plate mainly used for general structural constructions-bridges and ships, final product always supplied hot rolled.

SS400 carbon structural steel plate mechanical property:

SS400 carbon structural steel plate has better comprehensive performance, strength, plasticity and welding and other properties.