angle-double-right calendar

Sign up today to view these articles!

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

ReMA Releases 2010 Scrap Recycling Industry Facts and Market Trends

Aug 23, 2012, 01:00 AM by Charleigh Liang

Scrap Recycling Earnings Up 40 Percent
Since 2009 and Employs Approximately 110,000

Washington, DC – The Institute of Scrap Recycling Industries, Inc (ISRI), today released 2010 scrap recycling industry facts and market trends that show a thriving industry that has grown 40 percent since 2009 in terms of monetary value – despite the lingering effects of the global recession.

In releasing the statistics, ReMA President Robin Wiener noted that recycling goes far beyond the bin at the edge of the curb. In fact, in 2010 alone, more than 130 million metric tons of scrap metal, paper, plastic, glass, textiles, rubber and electronics, valued at more than $77 billion, were manufactured into specification grade commodities by the scrap recycling industry in the United States for sale as valuable feedstock material to industrial consumers in the United States and in more than 155 countries around the world. These recycled commodities:

  • Strengthen the US economy
  • Create thousands of new jobs as even more recycled materials are used in the manufacture of new products and more equipment to enable greater recycling is built
  • Protect the environment by reducing air and water pollution as well as greenhouse gas emissions
  • Save energy by significantly decreasing the amount of energy needed to manufacture the products that we buy, build and use
  • Contribute nearly $30 billion in export sales, significantly helping the US trade balance

ISRI Chief Economist and Commodities Director Joe Pickard said that the US-based scrap recycling industry is a sophisticated, capital-intensive industry that employs approximately 110,000 workers in the United States. As the first link in the manufacturing supply chain, scrap recycling has been integral to the US economy, global trade and resource sustainability for more than 200 years, he added.

ISRI also detailed the volume of scrap recycling material annually processed by commodity from 2009 to 2010 (note some years are differentiated):

Volume of Scrap Material Processed Annually:

Iron and Steel: Up to 74,000,000 from 70,000,000
Paper: Up to 46,800,000 from 45,400,000
Aluminum: Down to 4,600,000 from 4,700,000
Copper: Up to 1,900,000 from 1,700,000
Lead: Down to 1,200,000 from 1,300,000
Zinc: Up to 160,000 from 150,000
Plastic (bottles): Down to 654,220 (2009) from 658,390 (2008)
Electronics: Up to 3,500,000 from 1,800,000
Tires (number of tires): Up to 90,000,000 from 80,000,000

ISRI’s Wiener said, “The facts speak for themselves. Recycling is going strong and going green – no question about it.”

Contact

Melissa Merz
VP, Communications & Marketing
melissamerz@isri.org
202-662-8510

Load more comments
avatar
Login to be able to comment