Recycling Scrap Iron and Steel
Iron is known as a ferrous metal, as is steel which is a derivative of iron, and as with any other metal, in theory, it can be recycled indefinitely. Scrap iron is just as good as raw iron and one ton of recycled scrap iron is the equivalent of one and a half tons of mined iron ore, so the benefits to the environment of re-using scrap iron are immense.
Steel is made from iron ore and is one of the most common metals in use today and scrap iron, or steel, can be found in end of life cars, domestic appliances, girders, ships and so on. Public awareness about the packaging of products is growing and recycling is becoming a way of life for most households, and the more savvy are realising that there are big profits to be made from selling their scrap metal.
The Value of Scrap Iron and Steel
Iron is a valuable metal for a number of reasons, and the breakthrough in improving production techniques was one of the key factors in the industrial revolution. Due to its strength and the relative ease with which it can be moulded, iron has perhaps been the most important metal in mans development. Ancient peoples utilised iron and used it for all manner of purposes and iron is still one of the most abundant metals that is in use today.