Ferrous scrap metal includes materials primarily composed of iron and its alloys, such as steel and cast iron. Found in items like old vehicles, machinery, construction beams, and household appliances, ferrous metals are widely available and highly recyclable. Their magnetic properties make them easy to sort and process during recycling.
Though ferrous scrap metal typically fetches lower prices compared to non-ferrous metals like aluminum or copper, its recycling is vital for industries that rely on repurposed steel for construction, manufacturing, and infrastructure development. Recycling ferrous metals reduces the need for mining raw materials, conserves energy, and minimizes waste. By recycling ferrous scrap metal, industries and individuals contribute to sustainability while benefiting from the economic returns of their efforts.