The scrap industry was valued at more than $90 billion in 2012, up from $54 billion in 2009 balance of trade, exporting $28 billion in scrap commodities to 160 countries. Since 2010, the industry has added more than 15,000 jobs, and supports 463,000 workers, both directly and indirectly. In addition, it generates more than $10 billion in revenue for federal, state, and local governments. Scrap recycling also helps reduce greenhouse gas emissions and conserves energy and natural resources. For example, scrap recycling diverts 135 million short tons (121,000,000 long tons; 122,000,000 t) of materials away from landfills. Recycled scrap is a raw material feedstock for nearly 60% of steel made in the US, for almost 50% of the copper and copper alloys produced in the US, for more than 75% of the US paper industry’s needs, and for 50% of US aluminum. Recycled scrap helps keep air and water cleaner by removing potentially hazardous materials and keeping them out of landfills.
Vehicle recycling is the dismantling of vehicles for spare parts. At the end of their useful life, vehicles have value as a source of spare parts and this has created a vehicle dismantling industry. The industry has various names for its business outlets including wrecking yard, auto dismantling yard, car spare parts supplier, and recently, auto or vehicle recycling. Vehicle recycling has always occurred to some degree but in recent years manufacturers have become involved in the process. A car crusher is often used to reduce the size of the scrapped vehicle for transportation to a steel mill.
Approximately 12-15 million vehicles reach the end of their use each year in just the United States alone. These automobiles, although out of commission, can still have a purpose by giving back the metal and other recyclable materials that are contained in them. The vehicles are shredded and the metal content is recovered for recycling, while in many areas, the rest is further sorted by machine for recycling of additional materials such as glass and plastics. The remainder, known as automotive shredder residue, is put into a landfill. The shredder residue of the vehicles that is not recovered for metal contains many other recyclable materials including 30% of it as polymers, and 5-10% of it as residual metals. Modern vehicle recycling attempts to be as cost-effective as possible in recycling those residual materials. Currently, 75% of the materials are able to be recycled. As the most recycled consumer product, end-of-life vehicles provide the steel industry with more than 14 million tons of steel. Foundation Repair Service