Ship recycling helps produce green steel

Ship recycling is playing an important role in producing green steel that reduces the carbon footprint of the manufacturing process.

As economies and populations grow, the demand for resources to produce goods is increasing. For example, the rapid increase in online sales has resulted in high demand for tubular steel to produce equipment used in storing and processing goods for online sales.

Traditional ways of manufacturing steel are responsible for high levels of carbon emissions, so steel producers are looking at ways to manufacture green steel with reduced carbon emissions. A report by research company McKinsey concluded that there is no one solution to reducing the carbon footprint of steel manufacturing. There are multiple ways to produce green steel, including carbon dioxide capture and energy-efficient iron ore.

According to Hellenic Shipping News, ship recycling can help reach the net-zero goals of steel manufacturers. Each year, around seven million tonnes of scrap metal are obtained through ship recycling, which is a valuable raw material for making new steel. When a ship reaches the end of its life, it is dismantled, and the steel is melted and repurposed for a range of applications, including barges, heavy machinery, appliances, and more.

Using steel from ships is also cost-effective as it reduces energy and resource consumption.

Tubular steel usually contains a portion of recycled steel. Picking trolleys, storage racks, and other steel equipment in the warehouse could contains steel from ships that once transported goods across the world’s oceans.

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