5 reasons why recycling your scrap metal can save the world
It has always been easier to recycle scraps of metal left over from other products, or from a production project, than it is to completely produce a new metal from scratch. Not only does it save time, but it also helps to preserve natural resources, and is so much better for the environment.
- It is estimated that 84% of the iron and steel used in foundries is recycled scrap. It takes 56% less energy to recycle steel than producing it from an iron ore, and it also reduces co2 emissions by 58%.
- From smartphones to TV’s, new cars and buildings, scrap metal is used to produce completely new products that don’t appear to be recycled in any fashion.
- Copper, or any of its alloys (including brass and bronze) can be used over and over again, due to its infinite recyclable life.
- Steel is the engine that drives the recycling of many consumer goods. According to the Steel Recycling Institute, automobiles are recycled at the rate of 92.5%. You can find recycled steel in products such as appliances, buildings, highways and the energy industry.
- There is money to be made in recycling scrap metals. The price of scrap metal per pound is currently very high in the UK, and is constantly increasing.