- The scrap metal industry employs 15,000 people. Source: www.recyclemetals.org
- The industry of scrap metal recycling turns around 130 million metric tons of obsolete metal materials into useful raw materials each year. This means that the scrap metal recycling industry helps to preserve natural virgin sources.
- Use of scrap copper reduces global CO2 emissions by approximately 65%.
- The steel recycling industry, for example, is able to reduce air pollution by 86%, water pollution by 76% and overall water usage by 40%.
- Aluminium from industrial waste and scrap cars is also highly recyclable. 75% of all aluminium ever made is still in active use today.
- Recycling scrap metal helps to reduce greenhouse gases and therefore lowers the impact of global warming on our atmosphere.
- Steel can be “open loop” recycled, as it has no chemical memory and can be recycled into any other steel product.
- Around 4 million tons of metals are recycled by fragmentation approach, which allows alloys dividing, extracting raw materials for the re-usage repeatedly and creation of new materials for the industry or business.
- In the UK alone, the scrap metal industry is valued at over £5.6 billion annually.
- 60% of copper produced since the 1900s is still in use
- 75% of all aluminium ever made is still in active use today
- The British Metals Recycling Association is the trade association representing the £7 billion UK Metal Recycling sector.