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Analysis Of China's Steel Scrap Industry in 2022

Total national scrap iron and steel resources production is close to 300 million tons in 2021


The supply structure of social scrap steel resources has been fundamentally changed, with nearly 100 million tons of scrap steel resources occupied by the original "ground steel" enterprises being transferred to regular mainstream steel enterprises. The supply structure and flow of scrap steel market has been optimized, and the scrap steel resources have been reasonably utilized. The rapidly growing scrap resources will have an important impact on the process structure, steel mill layout, resource consumption, energy consumption and carbon emissions of the steel industry. Preliminary statistics of the total national scrap steel resources production in 2021 is close to 300 million tons.

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The number of enterprises meeting the entry conditions of the scrap iron and steel processing industry and other regulatory conditions is close to 600


At present, the number of enterprises that meet the Ministry of Industry and Information Technology "scrap iron and steel processing industry access conditions" and other regulatory conditions is close to 600, announced in nine batches, the number of batches disclosed in 2018 are below 100, and the number of batches disclosed in 2020-2021 increases to more than 100.

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Access system management for scrap steel recycling and processing enterprises to regulate the development of the scrap steel recycling and processing industry


Scrap steel recycling industry has long been dominated by small enterprises, with low entry barriers, low personnel quality requirements, and chaotic industry development order, resulting in the long-term slow development of the industry. In order to change the status quo, the Ministry of Industry and Information Technology in 2012 to carry out the scrap steel processing enterprise access action, has issued the "scrap steel processing industry access conditions", "scrap steel processing industry access announcement management interim measures", the scrap steel recycling and processing enterprises to implement the access system management, regulate the development of the scrap steel recycling and processing industry. As of 2022, the Ministry of Industry has announced nine batches of scrap steel recycling and processing enterprises that meet the access conditions. According to the China Scrap Iron and Steel Application Association data, in 2020, China's society recycled 170 million tons of scrap steel, the existing access enterprises processing capacity of about 76%.

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With the rapid development of the world economy, the demand for steel is increasing day by day. But at the same time, iron ore as a non-renewable resource reserves are declining year by year, the impact of the steel resources crisis on the world's economic efficiency is increasingly prominent. And countries around the world are paying more and more attention to environmental protection, vigorously carrying out energy-saving and emission reduction and waste recycling actions. Therefore, the development of iron and steel scrap resource recycling has become an inevitable trend in the steel industry.


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