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Merchant Pig Iron Market Will Generate Booming Growth Opportunities to 2031

In 2020, the EU 28 was one of the largest crude steel-producing regions in the world. While the steel sector already produces a large portion of its product with recycled material, additional efficiency in the steel sector supported by its reuse, repair, recycling and downcycling can partially reduce greenhouse gas emissions and help slow the growth of emissions in the industry. To maximise the impact of these circularity measures, some key measures and policies are needed - and in addition to circularity measures, the primary production of steel still needs to be decarbonised.