Ferrous Scrap Recycling Has Global Economic and Environmental Effects

Posted on February 5, 2013 by - Scrap Metal Recycling

Steel scrap metal recycling has a wide-reaching effect to better the world’s economy and environment through state-of-the-art recycling processes. 

Ferrous scrap metal recycling plays an integral role in the global economy and on the world’s environment.  By recycling scrap metal, people are able to help reduce landfill waste and prevent costly mining projects to procure virgin ore.  This helps preserve natural resources and lower energy consumption on a global scale.

Experts report that recycling just one ton of steel scrap metal saves 2500 pounds of virgin ore, 1400 pounds of coal, and 120 pounds of limestone.  Overall, steel manufacturing businesses can save over fifty percent in energy costs by incorporating recycled ferrous material versus using new materials.

Ferrous Scrap Metal Recycling

Steel is the most commonly recycled metal in the world.  According to the Recycled Materials Association the United States’ scrap metal recycling industry processed over 74 million metric tons of ferrous scrap metal in 2011 alone.  This accounts for over half of the volume of all the domestically processed materials in America.

Sourcing Steel Scrap

Steel recycling companies source ferrous material from all different places.  Some of the most common sources include old automobiles, trains, and airplanes, demolished industrial structures, used household appliances, and manufacturing or industrial waste.  In fact, over fifty percent of the steel scrap metal that is processed in the United States comes from industrial or manufacturing waste.

The Global Impact of U.S. Steel Recycling

Steel scrap metal is an essential material for foundries and steel mills throughout the world.  Recycled steel is more cost-effective to use than virgin ore, and can be used over and over to create a diverse array of steel elements.  According to the ReMA, 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.

Ferrous Scrap Recycling at Ferrous Processing & Trading

At Ferrous Processing & Trading (FPT), experts partner with manufacturing, industrial, and private clients throughout the U.S. to create cost-effective and environmentally-responsible waste management and steel recycling programs.  Ferrous Processing & Trading offers a full range of scrap recovery processes and scrap-derived raw materials for the metal industries.  Ranked as one of the Top 10 scrap metal recyclers in the United States, FPT is recognized as a major player in industrial scrap metal management.

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