Steel is 100 per cent recyclable. If recovered at the end of its use phase, the lifecycle of steel is potentially endless.
In fact, steel is the most recycled material in the world. More steel is recycled than all other recyclable materials combined, including aluminium, glass and paper. Due to its magnetic properties, steel is easily separated from waste streams.
Few other materials can be repeatedly recycled without a loss of key properties.
There is a long-established global market for scrap and recovered steel for recycling. Because steel products generally have a long lifespan, the steel available for recycling today may have been produced over half a century ago.
Scrap steel is an essential ingredient in both the integrated steelmaking processes used at Port Kembla Steelworks and New Zealand Steel, and the electric arc furnace process used at the Company’s North Star BlueScope Steel plant in the United States. Recycled scrap steel comprises approximately 30 per cent of the combined raw steel production from these facilities.