An Introduction to Scrap Metal Recycling--What Is Scrap Metal Recycling?
Scrap metal recycling is a process as well as being the basis for a powerful industry. Scrap metal recycling involves the recovery and processing of scrap metal from end-of-life products or structures, as well as from manufacturing scrap, so that it can be introduced as a raw material in the production of new goods. It can be recycled repeatedly with no degradation of its properties. It provides the raw material for new products, while offering a much lower carbon footprint and more efficient utilization of resources than new material.
Aside from environmental benefits, metal recycling is an extremely powerful economic activity. In 2015, the U.S. ferrous scrap industry was worth $18.3 billion. In 2014, U.S. nonferrous scrap had a value approaching $32 billion.
When talking about scrap metal recycling, it is important to differentiate between the two main categories of scrap metal: ferrous metal, and nonferrous metal. While ferrous metal contains some degree of iron (and in fact, its name is derived from the latin term meaning iron), non-ferrous metal does not contain iron as a component. Nonferrous scrap includes aluminum, copper, lead, nickel, tin, zinc and others.
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