Scrap

The EU is turning to decommissioned ships as a new raw material source to accelerate decarbonisation. With 12 million tonnes of recyclable steel expected by 2033, ship scrapping could meet 15% of EU scrap consumption.

Steel producers are moving away from traditional blast furnace methods toward hydrogen-based technologies to eliminate carbon emissions. Tightening carbon regulations and supply chain pressures are accelerating the transition to green steel.