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Scrap Metal Recovery Volumes and Recycling Rates
In terms of volume, ISRI estimated that the United States recycled 67 million metric tons of ferrous metal was recycled in the U.S in 2015. The largest source was provided by the 11 million automobiles which were recycled. While the volume of ferrous metals recovered is much greater, nonferrous metals generate more industry revenue due to their greater value, and as such are aggressively recycled. Recovered nonferrous scrap, including aluminum, copper, lead, nickel, tin, zinc and others, was valued at $32 billion in 2014, generating a volume of 8 million metric tons.
The recycling rate is a very important measure in terms of landfill diversion. Scrap metal has been recycled for thousands of years because it has been long recognized as being a more efficient process than mining and processing new ore. Recycling rates for metal are generally high, due to its value. For example, ferrous metals have a recovery rate as follows:
Maintaining the recycling rate for predominantly consumer goods can be more challenging, such as in the case of aluminum beverage containers. Overall, the recycling rate for aluminum cans is only 49.4 percent (2016), down from 54.5 percent in 2015. In jurisdictions that have beverage container deposit laws, the recovery rate is much higher. For example, in British Columbia, which has a 5 cent deposit, the recovery rate was 90.4 percent (2014).