The Positive Impact of the Scrap Metal Recycling Industry on the United States
Scrap metal recycling offers old metal a new chance at life, positively impacting many aspects of the environment and the economy. A recent study conducted by the Institute of Scrap Metal Recycling Industries (ISRI) found that scrap metal recycling benefits not only local states and economies, but the United States as a whole. Keep reading to learn more about the benefits of scrap metal recycling and how this industry has affected Americans across the board.
Creation of Jobs
One of the biggest impacts the scrap metal recycling industry has had on the United States is the widespread creation of jobs. As this industry continues to grow and gain momentum, even more workers will be needed. As of 2011, the scrap metal recycling industry supported more than 450,000 jobs across America. This number includes not only scrap metal recycling workers themselves, but tens of thousands of individuals per state associated with the purchase and brokerage of scrap metal and parts for recycling as well.
Scrap metal recycling generates more than $90.6 billion in revenue annually throughout the United States, with many states reaping economic benefits ranging from four to fourteen billion dollars per year. These economic benefits only underscore the value of this industry and the potential for future growth as scrap metal recycling continues to gain support and improve in efficiency.
The scrap metal recycling industry processes more than 120 million tons of recyclable metals each year. This means that an equivalent tonnage of new metals is not needed for the manufacture of new goods. Reusing metals that have already been mined reduces the environmental impact of mining, offering environmental benefits that include resource conservation, energy conservation, and pollution reduction.
Tucson Iron and Metal offers the scrap metal recycling services you need to reduce waste and reap the economic benefits of metal recycling. Call us today at (520) 884-1554 or take a look through our website to find out more about selling or buying scrap metal in Tucson.