In 2020, seven key markets alone used about 463 million metric tons of steel scrap for steelmaking, which was a decrease of 4.25 percent compared to the previous year. China was the leading market for steel scrap consumption in that same year. The country's consumption of steel scrap came to over 220 million metric tons.
Steel scrap use in leading markets worldwide in 2018 and 2020 (in million metric tons)
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Bureau of International Recycling. (May 1, 2021). Steel scrap use in leading markets worldwide in 2018 and 2020 (in million metric tons) [Graph]. In Statista. Retrieved July 01, 2022, from https://www.statista.com/statistics/247591/global-production-of-steel-scrap-in-metric-tons/
Bureau of International Recycling. "Steel scrap use in leading markets worldwide in 2018 and 2020 (in million metric tons)." Chart. May 1, 2021. Statista. Accessed July 01, 2022. https://www.statista.com/statistics/247591/global-production-of-steel-scrap-in-metric-tons/
Bureau of International Recycling. (2021). Steel scrap use in leading markets worldwide in 2018 and 2020 (in million metric tons). Statista. Statista Inc.. Accessed: July 01, 2022. https://www.statista.com/statistics/247591/global-production-of-steel-scrap-in-metric-tons/
Bureau of International Recycling. "Steel Scrap Use in Leading Markets Worldwide in 2018 and 2020 (in Million Metric Tons)." Statista, Statista Inc., 1 May 2021, https://www.statista.com/statistics/247591/global-production-of-steel-scrap-in-metric-tons/
Bureau of International Recycling, Steel scrap use in leading markets worldwide in 2018 and 2020 (in million metric tons) Statista, https://www.statista.com/statistics/247591/global-production-of-steel-scrap-in-metric-tons/ (last visited July 01, 2022)