Price: Why have steel emissions policies forgotten about recycling?

Steelmaking currently accounts for approximately 8% of global greenhouse gas emissions. The only way to achieve net zero goals is to significantly reduce steel emissions worldwide. And there is no way to do that without recycling.

The emission intensity of recycling-based steelmaking through an electric furnace is roughly 70% lower than integrated, ore-based steelmaking in a blast furnace. If we are to achieve the ambitious emissions reductions needed to meet Paris Agreement 2050 steel sector targets, then recycling-based, circular steelmaking will have to play a substantial role.

Alan Price

Price has more than 30 years of experience representing clients in high-profile, complex international trade regulatory matters, including trade litigation involving public and government relations issues. In addition to being chair of the firm’s International Trade Practice, he heads the firm’s antidumping and countervailing duty practice. He also counsels clients on bilateral and multilateral agreements, trade legislation, customs regulation, Foreign Corrupt Practices Act (FCPA) compliance issues, escape clause investigations, and World Trade Organization (WTO) dispute resolution.