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Scrap: a US$ 100 billion industry for the USA

United States – Helped by relatively strong average prices, the US scrap recycling industry grew around 30% in size last year to nearly US$ 100 billion, according to a preliminary estimate from the Institute of Scrap Recycling Industries. A revised estimate is scheduled for release next month.

Figures compiled from the US Geological Survey, the Commerce Department, industry associations and other sources indicate the US scrap industry processed approximately 134 million tonnes of recyclables last year.

This total includes 51.7 million tonnes of commodity-grade material that was exported to approaching 160 countries, the value of which was 32% higher than the corresponding figure for 2010 at US$ 39.2 billion, Census Bureau figures reveal.

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