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Global steel scrap generation to reach over 870 mnt by 2050; emerging markets to drive growth

Source: BigMint Apr 08, 2026 08:30
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Steel scrap generation projection revised downward by 31 mnt. China, developed markets see declining contribution
Global steel scrap generation is projected to reach 873 million tonnes (mnt) by 2050, revised downward by 31 mnt from the previous forecast, according to the Japan Iron Source Association's latest Global Steel Scrap Supply and Demand Trends (26th edition). Despite the downward revision, global scrap generation is still

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