Ferrous scrap metal refers to materials containing iron, primarily including steel and cast iron, that are collected for recycling. Ferrous metals are commonly found in a range of items, such as old automobiles, appliances, industrial equipment, and construction debris. Known for their magnetic properties, ferrous metals are abundant and typically offer lower recycling prices compared to non-ferrous metals. Despite this, they are highly recyclable and can be repurposed into new steel products, contributing to reducing the need for raw material extraction. Recycling ferrous scrap metal helps conserve natural resources, reduces energy consumption, and supports industries by supplying them with high-quality, processed materials. It also plays a crucial role in sustainability efforts by minimizing landfill waste and conserving valuable resources.
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