MIIT: China Will Strive to Recycle 320 Million mt of Steel Scrap by 2025

Published: Dec 3, 2021 15:33
The Ministry of Industry and Information Technology issued a notice on the "Fourteenth Five-Year Plan for Industrial Green Development” on December 3. In the column of “Efficient Resource Utilisation Promotion Project", the recycling of renewable resources is mentioned.

SHANGHAI, Dec 3 – The Ministry of Industry and Information Technology issued a notice on the "Fourteenth Five-Year Plan for Industrial Green Development” on December 3.

In the column of “Efficient Resource Utilisation Promotion Project", the recycling of renewable resources is mentioned.

China will build large-scale integrated centres for the environmental friendly sorting, treatment, and distribution of iron&steel scrap and non-ferrous metal scrap, in order to raise the recycling ratio of strategic metal resource such as copper, aluminium, cobalt, and lithium.

At the same time, the Plan also puts forward certain goals for the recycling and utilisation of renewable resources in 2025. As of 2025, China will strive to recycle and re-use 320 million mt of steel scrap, 60 million mt of waste paper, and 20 million mt of non-ferrous metals scrap.

The output of secondary copper, secondary aluminium, and secondary lead with reach 4 million mt, 11.5 million mt, and 2.9 million mt respectively.

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MIIT: China Will Strive to Recycle 320 Million mt of Steel Scrap by 2025 - Shanghai Metals Market (SMM)