Steel is the most important, most fascinating, one of the oldest and most versatile raw materials we know – and for us it is also the most beautiful – and we trade in it – and it is also recyclable!
Steel refers to metallic alloys whose main component is iron. People have been working with iron for around 5000 years. The first hardenable steels were produced around 2500 years ago.
During the Second World War, the Allies bombed the Ruhr area, which was the largest steel-producing region in Europe at the time.
In the 1950s, Mao Zedong set the goal of increasing steel production in the People’s Republic of China in order to overtake England and the USA economically.
In 2021, around 1.8 billion tonnes of steel were produced worldwide, of which China’s share was 1.03 billion tonnes or 57 %.