Challenges and political solutions for steel recycling in China

Jost Wübbeke and Timo Heroth

Resources, Conservation & Recycling, 2014, vol. 87, issue C, 1-7

Abstract: The circular economy is an essential component of China's sustainable development. To promote the recycling of end-of-life products, the government has adopted various policies. Steel scrap is an important resource for steelmaking. Yet, the Chinese iron and steel industry uses less scrap to produce new steel compared to other large steelmaking countries. This article examines the reasons, why steel recycling is still relatively weak in China and what measures the government takes to improve the situation. We found that limited availability of scrap, high scrap prices, inadequate steelmaking capacities, industry fragmentation and unclear responsibilities for manufacturers are the main obstacles for steel recycling in China. The government is trying to improve steel recycling through tax incentives, import facilitation, support for supply, industry reorganization, and recycling parks, but with modest results.

Keywords: Steelmaking; Steel scrap; Recycling; China; Circular economy (search for similar items in EconPapers)
Date: 2014
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (6)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:recore:v:87:y:2014:i:c:p:1-7

DOI: 10.1016/j.resconrec.2014.03.004

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