Leading steel importers globally by country 2022
In 2022, the United States was the leading steel importer at 28.9 million metric tons. Also, the European Union's leader, Germany, ranked second with 21 million metric tons of steel imports.
World Steel Recycling
Both steel and the residues utilized in its production process are highly recyclable. In detail, three-quarters of the energy required for primary steel manufacturing can be saved through recycling activities. To decarbonize the industry for net-zero targets, utilizing recyclable materials is vital. In 2022, seven significant markets alone used about 469.7 million metric tons of steel scrap for steelmaking. That year, Turkey was the world's largest steel scrap importer, with approximately 20.9 million metric tons.
