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According to Mysteel, the Japanese government has approved a comprehensive circular economy action plan aimed at boosting the domestic supply of recycled metals and reducing reliance on imported raw materials. S320GD+Z Hot dip galvanized steel , The strategy targets a combined investment of approximately 1 trillion yen (about $7 billion) from the public and private sectors by 2030, positioning resource recycling as a key pillar of economic security and industrial competitiveness.
In the steel sector, the government plans to expand the supply of high-grade scrap steel used to produce low-emission "green steel." S320GD+Z Hot dip galvanized steel , Annual processing capacity for such scrap will increase by approximately 2 million tonnes, alongside the strengthening of recycling systems for industrial scrap and manufacturing offcuts.
The Japanese government has also set a clear target for the utilization of recycled materials: by 2030, recycled aluminum is projected to account for approximately 40% of domestic rolled aluminum production. S320GD+Z Hot dip galvanized steel , The plan includes investments in recycling infrastructure—such as advanced sorting technologies and expanded processing and smelting capacities—to enhance material quality and operational efficiency.
This move by Japan reflects the increasingly tight global supply landscape, as major economies intensify efforts to secure supplies of both primary and secondary raw materials. By expanding the supply of recycled metals, Japan aims to strengthen supply chain resilience and support its transition toward low-carbon industrial production.
