Project description
Demand-side strategies to boost circularity in the steel industry
Steel is one of the most recycled materials but only one third of the global demand is met through scrap. Since steel has a potentially endless life cycle, its industry can lead the way in the circular economy. The EU-funded CircNexSt project will use the stock-flow-service (SFS) nexus to measure the circularity of an international steel company’s products from extraction to service. The SFS framework explicitly highlights the interactions between energy and material flows, material stocks, and services. Dynamic material flow and stock modelling will be employed to measure the resource consumption and accumulation required to offer services. CircNexSt will result in a set of resource efficiency and circularity indicators to assess the environmental performance of material goods and products.
Fields of science
Programme(s)
Funding Scheme
MSCA-IF - Marie Skłodowska-Curie Individual Fellowships (IF)
Coordinator
CB2 1TN Cambridge
United Kingdom
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