Will the US run out of steel scrap?
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*Please note that this report only includes an Excel data file if this is indicated in "What's included" below
Report summary
Table of contents
- Executive summary
- Demand
-
Supply
- Home scrap
- Prompt scrap
- Obsolete scrap
- Total scrap supply
- How scrap demand compares to supply
Tables and charts
This report includes the following images and tables:
- US Steel profitability is highly volatile
- Nucor achieves higher and more stable margins
- The EAF share of steelmaking will rise as more flexible electric furnaces replace the large-scale, capital-intensive blast furnaces and oxygen converters
- The majority of scrap is consumed in EAF steelmaking, with more than a 1,000 kg of scrap used for each tonne of steel made
- Sources of steel scrap
- Estimated scrap supply by source
- Scrap supply that is not consumed domestically is exported
- Scrap supply will be sufficient to accommodate rising scrap demand over the next 20 years
- Relative sector sizes have changed drastically since the 1900s
- Since the 1990s, the US has been a significant net-importer of vehicles
- A longer lifecycle delays the impact of demand fall during the 90s and the GFC
- Indirect steel imports have a major impact on obsolete scrap supply
What's included
This report contains:
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