FACT SHEET Energy use in the steel industry

ENERGY USE IN THE STEEL INDUSTRY Most steel products remain in use for decades or even centuries before their function is no longer needed and they can then be reused, remanufactured or recycled. Therefore, there is not enough recycled steel to meet growing demand. Demand is met through a combined use of the BF-BOF and EAF production routes.

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A steel mill or steelworks is an industrial plant for the manufacture of steel. It may be an integrated steel works carrying out all steps of steelmaking from smelting iron ore to rolled product, but may also describe plants where steel semi-finished casting products (blooms, ingots, slabs, billets) are made, from molten pig iron or from scrap.

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I was part of a team that designed and built of a greenfield steel plant in the mid-1980's. That plant cost $2.5b (not counting land cost), and it would be about $5b if built today. Of course, that was an integrated plant (coke ovens, blast furnac...

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