Brussels, 25 February 2015 - The World Steel Association (worldsteel) today announced the launch of a new publication ‘Steel in the circular economy - A life cycle perspective’. It examines the critical role of steel in delivering true sustainability to our society and calls for a global rethink of regulations in all market sectors across every region.

This publication demonstrates how steel enables a sustainable society, through a circular economy, when the full life cycle of steel products is taken into account. It highlights the need for legislators and industry decision makers to take a full life cycle approach before making legislative or manufacturing material decisions. It contains case studies from around the world that show how this is being carried out on a practical basis.

Edwin Basson, Director General at worldsteel commented on the launch: “In a world of finite resources we must leave the outdated ‘take, make, consume and dispose’ mentality behind and move toward a circular economy model for optimal resource efficiency. To achieve this we need a life cycle approach that measures the social, economic and environmental impact of a product at each stage in its life cycle. We believe that life cycle thinking must become a key requirement for all manufacturing decisions going forward.”

“The steel industry is an integral part of the circular economy model. A circular economy promotes zero waste, a reduction in the amount of materials used, and encourages the reuse and recycling of materials. These are all fundamental advantages of using steel. Therefore, in a well-structured circular economy, steel has competitive advantages over other materials.”

Please login / register to post comments

news in steel

RRP – REYHER Rapid Prototyping supports component optimization

High costs during assembly, operations and maintenance can be avoided by optimization in the design phase, for joining technology too. The new 3D printing service RRP – REYHER Rapid Prototyping supports companies improving component design, reducing development costs and shortening time-to-market.

HYBRIT orders Norwegian electrolyzers for fossil free steel production in Luleå

Hybrit Development, a joint venture between SSAB, LKAB and Vattenfall, has ordered a hydrogen generation electrolyzer solution from Nel Hydrogen to the pilot plant in Luleå, Sweden.

Tibnor’s acquisition of Sanistål’s steel distribution business completed

SSAB’s subsidiary Tibnor has now comleted the acquisition of the steel distribution business of the Danish company Sanistål A/S, Denmark’s second largest steel distributor.

NUCOR TAPS DANIELI MI.DA. TECHNOLOGY FOR ITS STRATEGIC EXPANSION IN REGIONAL REBAR MARKETS

When exploring the opportunity to expand its presence in new regional markets in the Midwest and Southeast of the USA, Nucor immediately understood the benefits of the MI.DA. technology and ultimately chose Danieli to supply the complete technological equipment package for two MI.DA. plants, in Sedalia (Missouri) and Frostproof (Florida).