Steel recycling growth in the USA

Archiv – The Pittsburgh-based US Steel Recycling Institute (SRI) has confirmed that the recycling rate for the metal remained at 70.7% in 2004. However, the total tonnage of steel recycled increased by more 7.2 million tonnes thanks in no small measure to an expanding market for the metal. More than 76 million tonnes of steel scrap was recycled in the USA last year.The Pittsburgh-based US Steel Recycling Institute (SRI) has confirmed that the recycling rate for the metal remained at 70.7% in 2004. However, the total tonnage of steel recycled increased by more 7.2 million tonnes thanks in no small measure to an expanding market for the metal. More than 76 million tonnes of steel scrap was recycled in the USA last year.
SRI President Bill Heenan comments: ’The composition of the tonnes recycled in 2004 contained almost 35% more obsolete scrap than in 1980.’ He credits the steel industry for this increase given its more efficient use of raw materials and its increased demand for post-consumer scrap. ‘€˜Although the individual recycling rates for cans, cars and construction are not yet available, all indications are that those too will have increased when final numbers are available,’€™ Mr Heenan adds.
The SRI is an industry association working to promote and sustain the recycling of all steel products.