Steel is an essential material for economic development and growth because it is used in all areas of our everyday life. Around 1.87 billion tons of steel is produced each year – the equivalent of building 180,000 Eiffel towers – and more than half is used in building and infrastructure, but it is also heavily used in areas such as engineering, manufacturing, transportation, and energy production. According to the IEA, steel demand will increase by more than a third by 2050, particularly in emerging economies like China and India. ArcelorMittal has already proven itself to be a sustainability trailblazer ArcelorMittal, the world's largest steel producer, is leading the charge for improved sustainability. The company already recycles 30 million tons of steel every year and is setting an example for how companies can minimize production's environmental impact and improve operations' circularity. These efforts reach beyond the traditional focus on recycling and greener production.