Steel aims to boost its potential in the circular economy

Sep 18 11:09 2018 Print This Article

On my train journey from London to Brussels for the World Steel Association Circular Economy Conference, out of the window I watched the landscape change from the English to the French and finally to the Belgian.  Jarring with the natural beauty of all three countries was one shared element — the rusty, abandoned steel rails at the side of the gleaming  tracks.

Why not ensure a second life for this material? But what are we talking about precisely?

The Circular Economy Conference aimed to address questions about how materials are used and how the planet’s health might be improved by changing business models. In a world where economic growth has been driven by uncontrolled use of resources we have now reached a point where it is crucial to stop and assess how we innovate.

“We are in the 21st century, we don’t have the luxury to think short term,” Co-Chair UN International Resource Panel Janez Potocnik said at the event.

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The Barrel

S&P Global Platts provides market insights so people can make more informed trading and business decisions.. They're the leading independent provider of information and benchmark prices for the commodities and energy markets. Customers in over 150 countries look to their expertise in news, pricing and analytics to deliver greater transparency and efficiency to markets. S&P Global Platts coverage includes oil and gas, power, petrochemicals, metals, agriculture and shipping. S&P Global Platts provides critical information for the commodities & energy markets to make physical commodity markets more transparent and efficient. S&P Global Platts blog, The Barrel, provides the essential perspective on global commodities.

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