Search results
Results from the WOW.Com Content Network
According to the International Resource Panel's Metal Stocks in Society report, the per capita stock of steel in use in Australia, Canada, the European Union EU15, Norway, Switzerland, Japan, New Zealand, and the US combined is 7,085 kilograms (15,620 lb) (about 860 million people in 2005).
According to the International Resource Panel's Metal Stocks in Society report, the global per capita stock of copper in use in society is 35–55 kg. Much of this is in more-developed countries (140–300 kg per capita) rather than less-developed countries (30–40 kg per capita). In 2001, a typical automobile contained 20–30 kg of copper. [13]
Metal prices are the prices of metal as a commodity that are traded in bulk at a predefined purity or grade. Metal can be split into three major categories, precious metals, industrial metals and other metals. Precious metals and industrial metals are priced by trading of those metals on commodities exchanges. [1]
American Metal Market (AMM) is an online provider of industry news and metal pricing information for the U.S. steel, nonferrous and scrap markets. Products include a daily publication available electronically, live news on the publication's website, a hard-copy magazine and a series of weekly newsletters covering niche markets.
HMS 1 is the term for heavier scrap which has a density of at least 0.7 tons per cubic meter, whereas HMS 2 would be lighter steel scrap Because both grades guarantee a minimum piece thickness – at least 1 ⁄ 4 inch (6.35 mm) for HMS 1, and 1 ⁄ 8 inch (3.175 mm) for HMS 2 – consignments have a high density.
For example, in the US, in-use copper grew from 73 to 238 kg per capita between 1932–1999. The report's authors observed that, as metals are inherently recyclable, metal stocks in society can serve as huge above-ground mines (the term "urban mining" has thus been coined [77]). However, they found that the recycling rates of many metals are low.
The industry produced over 74 million net tons per year as of November 2024. [1] Most iron and steel in the United States is now made from iron and steel scrap, rather than iron ore. The United States is also a major importer of iron and steel, as well as iron and steel products.
Before recycled metal is introduced into metal stocks for alloying, additional processing is sometimes required for contaminant removal. [26] Elemental residue is a major concern when considering the recycling of aircraft steel because it cannot safely be introduced into repurposed steels. [26]