49. Circular flow of steel reduces the carbon footprint by 80 percent

Ovako’s production is based on using recycled steel as input material instead of iron ore. Steel can be recycled an infinite number of times while maintaining its properties. By basing the production on steel scrap, Ovako can create high-quality steel with a lower climate impact without compromising the quality. By closely matching the quality of the scrap with the steel grade planned to produce, the amount of virgin alloys needed is reduced. That is one reason why Ovako achieve a “cradle-to-gate” carbon footprint that is 80 percent lower than the global average.

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