- In the U.S. 2/3rds of domestically produced steel is made from scrap metal recycling. Recycling 1 Ton of Steel conserves 120 lbs of limestone, 2500 lbs of Iron ore, 1400 lbs of coal with 86% reduction in air pollution, 40% reduction in water use and 76% in water pollution. Use of scrap steel as opposed to virgin ore equates to an energy saving of 74%.
- Non-ferrous scrap (copper, aluminum, brass etc.) is used to make 60% of all alloys produced domestically.
Energy saving on recycled non-ferrous is:
- 40% of the worlds copper is supplied by scrap
- Recycling 1 aluminum can could run a T.V. set for 3 hours on the energy saved
- Recycling 1 glass container could run a 100 watt light bulb for 4 hours.
- Recycling 1 pound of steel could power a 60 w light bulb for 24 hours on energy saved.
- Metal recycling was a 71 billion dollar industry in 2007
- Globally 21.7 billion worth of scrap was exported , helping US trade balances in 2007
Environmentally reduces greenhouse emissions by requiring significantly less energy to manufacture products from recyclable vs. virgin or as well as by avoiding landfilling