Prospects for metal shredders

With the rapid growth of China's economic construction, China's steel industry has also been rapid development, in 2004, China's steel production reached a record high of 272 million tons, becoming the world's first steel country. After the rapid development in recent years, the steel industry has gradually shown the lack of demand for natural resources, excessive energy consumption per ton of production, environmental pollution, strict state control and other contradictions. As the "second mining" of iron and steel industry, scrap steel resources have the advantages of saving energy, reducing pollution, protecting the environment, recycling, low smelting cost, and its influence will be more and more. In recent years, the supply of scrap steel has been rising year by year, and its role has gradually expanded, breaking through 50 million tons in 2004, so that resources have been further recycled.
The domestic scrap mainly comes from the social scrap recycling institutions, and its social recycling of scrap accounts for about 60% of the country's scrap, which is the main source of scrap in China; The second is self-produced scrap steel; In addition, although China has become the first steel producing country, but China's overall steel reserves are not enough, so the total amount of domestic scrap can not meet the demand for steel scrap, about 1/4 of the amount relies on imports to make up for the lack of domestic scrap resources. Electric furnace steelmaking is the main consumer of scrap steel resources, and with the further expansion of electric furnace steelmaking in the iron and steel industry, the demand for scrap steel resources will be further expanded.