Steel scrap

Steel scrap:
a prime example of loss-free reuse

The importance of steel scrap as a valuable secondary raw material is undisputed. Its reuse results in significant advantages for environmental protection and in price stabilization on the market. Iron ore mining is increasingly difficult, and this raw material is becoming scarcer and therefore more expensive. Waste iron, steel girders, concrete reinforcement parts and fences, punching waste and other production wastes can cover the supply shortfall. Steel lends itself very well to reuse. Different categories of steel scrap can be melted and re-melted, and new products can be generated from it. Today, these cycles have virtually been closed.

Unmixed steel scrap

It is especially important that the steel scrap is not mixed and that undesirable ingredients are removed for efficient recycling of the steel. The most important categories on the European scrap type list are: old scrap (heavy and light-weight, old steel scrap), new scrap, shredded steel scrap, steel chippings and foundry scrap. A complete list is available at bdsv. The difference lies mainly in the scrap’s material thickness and origin. Heavy steel scrap, for instance, refers to the iron waste fraction that is over 6mm in thickness.

Higher rapidity of steel trade

Trading steel as secondary raw material does pose a few challenges. During storage, steel begins to corrode and weather. Storing and transporting the rather bulky steel parts is comparatively costly in relation to the price of the material. Selling the steel quickly through SECONTRADE holds many advantages.

Price of Steel scrap in €/t