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Korea Iron & Steel Association Chapter 4●Circular value of steel
Chapter 4 Circular value of steel
Does that mean that an automobile that
reaches the end of its life is melted in an
*Jigu means ‘Earth’ in Korean
electric furnace to be brought back to life as
new steel?
Welcome to
Jigu Steelworks!
Sure.
They are transformed
into products
such as sections and
reinforcing
bars that make up the
bone structure
of a building.
It's like a car that
Jigu Steelworks transforms into a building!
Just like in the movie
‘Trans****ers.’ Did you know that steel is
Wow, this place Are steel This is a steel mill with the the most recycled material
mills always in the world?
is huge, too! largest production capacity
this big? and the best electric furnace
technology in Korea.
Electric
Electric
furnaces?
furnaces?
Nice one, Howie!
Nice one, Howie!
More than 10 million tons
of steel products are made Scrap
Scrap
Simply put, it is a machine here. The predominant
that uses electricity to melt ingredient is scrap. If the
scrap metal to produce new Scrap scrap is not recycled here,
Scrap
steel. When steel used in N New steel material they would end up in the
ew steel material
buildings, bridges, railways, waste yard.
automobiles, and food and
beverage cans are discarded
after use, they become scrap.
Recycled scrap becomes raw
Reinforced bar
material for new steel. Reinforced bar
Section
Steel products
Steel products Section
Tidbit The recycling rate of steel is a whopping 97.6%. That makes it a remarkably recyclable material Tidbit One reason that makes steel easily recyclable is due to its ‘magnetism.’ Unlike plastics, aluminum
compared to plastic, whose rate is 9.5% (the 2017 worldsteel Report). or glass, steel sticks to magnets, making it easy to separate and collect.
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