Recycling Indus try Yearbook
Institute of Scrap Recycling Industries, Inc.
Iron and steel scrap, also referred to as ferrous scrap, comes
from many consumer and industrial products such as
automobiles, steel structures, household appliances, railroad
scrap in the
is used vehicle
scrappage, which is closely related to new car sales. According
to figures from the U.S. Bureau of Economic Analysis, light
vehicle sales rose to more than 17.5 million units in 2016, the
highest annual level on record and a very positive indicator for
the future supply of obsolete ferrous scrap.
In addition to obsolete scrap, prompt scrap, which is generated
from the manufacturing process, accounts for approximately
half of the ferrous scrap supply.
Today, ferrous scrap is the most recycled material in the United
States and worldwide. In the United States alone, the U.S.
Geological Survey estimates that 65 million metric tons of iron
and steel scrap
Iron and Steel