Ferrous Processing & Trading Ranks in Top Ten of Scrap Metal Recycling Companies in the U.S.

Posted on January 31, 2013 by - Scrap Metal Recycling

Ferrous Processing & Trading was recently included in the top ten of the twenty largest metal recycling companies in the country.

Scrap metal recycling is a large and growing industry in the United States and throughout the world. In fact, according to the Institute of Recycling Scrap Industries, Inc., the U.S. is the largest exporter of ferrous scrap metal in the world. Over half of the total raw steel produced in the United States is made from recycled steel scrap metal, and this steel is then distributed to over 90 different countries throughout the world including Canada, China, Germany, and France. In this way, scrap metal recycling in the U.S. has a profound impact on global steel industry.

Who makes this all possible? Scrap metal recycling companies in the United States. According to a recent report from Recycling Today, the top twenty scrap metal recycling companies in the United States processed over 55 million gross tons of ferrous scrap material in 2011 alone.

Top Twenty Metal Recycling Companies Featured
Recycling Today also released a new report of the twenty largest ferrous scrap metal recycling companies in the United States. Ferrous Processing & Trading ranked eighth on the list, processing 2.8 million tons of ferrous material in 2011 at over 17 locations nationwide.

The journal created the rankings based on the gross amount of ferrous scrap material that was physically handled by each company, combining all of its facilities. The totals did not include metal scrap that was never physically present at a company facility, but may have been brokered by third parties or company traders.

In all, the twenty companies processed a combined total of 55 million tons of ferrous material at over 700 different facilities throughout the United States. These totals do not include non-ferrous metals that may have also been processed at the facilities.

At Ferrous Processing & Trading (FPT), expert professionals collaborate with manufacturing, industrial, and private clients throughout the country to develop environmentally-responsible waste management and steel recycling programs to that are cost-efficient. Ferrous Processing & Trading offers a full range of scrap recovery processes and scrap-derived raw materials for the metal industries including ferrous and non-ferrous recycling programs.

About Ferrous Processing & Trading
Ferrous Processing & Trading is one of North America’s premier processors, sellers, and recyclers of scrap metals of all kinds. They are supported by the unique skills and experience of the management, commercial, and operations teams. Their ownership assures both financial strength and a deep commitment to the industry and their customers. FPT’s reputation is built on the core values of integrity, expertise, responsiveness, and creativity in the scrap metal recycling industry.

Ferrous Processing & Trading is a key supplier to the metals industry of North America. They are also a major scrap metals management company for the U.S. auto industry. From every stage of the metal recycling process from the assembly line to the used parts pile then through the scrap processing yard and into the furnace, FPT has the right answers for handling and marketing metal.

Ferrous Processing & Trading
3400 E. Lafayette
Detroit, MI 48207