Social benefits economic benefits of metal recycling

Nowadays, the application of metal products is very wide, ranging from daily necessities to construction steel. However, in the process of use, a large amount of scrap metal will also be generated. If it is not recycled, it will not only be a serious waste of resources, but also cause environmental pollution. Therefore, the recycling and utilization of scrap metal is necessary.

Someone has made the estimation that recycling an abandoned aluminum can can save 20% of the money compared to making a new can, while saving 90%-97% of energy. Recycling 1 ton of scrap steel can produce 0.9 tons of good steel, equivalent to saving 3 tons of ore, saving 47% of the cost, while also reducing air pollution, water pollution and solid waste.

It can be seen that the recycling and recycling of scrap metal can not only alleviate the resource demand, but also protect the environment, and there are huge economic benefits.