Reuters reported that German recycler Befesa is expanding its footprint in China, where steel recycling is expected to rise to help meet national carbon emissions targets, creating an opportunity for Befesa to recover zinc from steel waste. Befesa Chief Executive Javier Molina told Reuters "Our first plant in China started operating in November, the second will be in operation in three to four months. Today only 10% of the steel produced in China comes from scrap processed in EAFs. In five years, we expect 30% of China's steel will come from scrap. We will build more plants in China over the next four to five years."Zinc is used to galvanise steel, now mostly produced in China using blast furnaces, though the government is asking mills to make greater use of electric arc furnaces, which typically use scrap steel. Electric arc furnaces produce a dust classified as hazardous waste that cannot be disposed of in landfills, but which Befesa collects for a fee and recycles to recover zinc in France, Germany, Spain, South Korea, Turkey and the United States.
Reuters reported that German recycler Befesa is expanding its footprint in China, where steel recycling is expected to rise to help meet national carbon emissions targets, creating an opportunity for Befesa to recover zinc from steel waste. Befesa Chief Executive Javier Molina told Reuters "Our first plant in China started operating in November, the second will be in operation in three to four months. Today only 10% of the steel produced in China comes from scrap processed in EAFs. In five years, we expect 30% of China's steel will come from scrap. We will build more plants in China over the next four to five years."Zinc is used to galvanise steel, now mostly produced in China using blast furnaces, though the government is asking mills to make greater use of electric arc furnaces, which typically use scrap steel. Electric arc furnaces produce a dust classified as hazardous waste that cannot be disposed of in landfills, but which Befesa collects for a fee and recycles to recover zinc in France, Germany, Spain, South Korea, Turkey and the United States.