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Capturing the Potential of the Circular Economy Transition in the EU Steel Industry

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"- Climate Change Mitigation: By 2050, implementing Circular Economy strategies can save 64-81 Mt CO2-eq. emissions annually in the steel sector, compared to relying solely on decarbonisation strategies- Reduced Resource Dependency: These strategies can reduce the direct input of metal ore for the EU steel industry by 27% - Lower Energy Demand: They can significantly decrease the EU steel industry’s demand for fossil energy carriers by 28% and electricity by 36%- Higher Economic Security: The EU’s trade balance can be boosted by EUR 7 billion through reduced imports"

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  • Wagner Aymara & Walker Anna & Albizzati Paola Federica & Milios Leonidas & Besler Malte & Pedauga Luis & Rostek Leon & Keramidas Kimon & Pinero Mira Pablo & Christis Maarten & Fonteyn Pieter & Petsina, 2025. "Capturing the Potential of the Circular Economy Transition in the EU Steel Industry," JRC Research Reports JRC143444, Joint Research Centre.
  • Handle: RePEc:ipt:iptwpa:jrc143444
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    File URL: https://publications.jrc.ec.europa.eu/repository/handle/JRC143444
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