Iron and steel recycling value in the U.S. 2010-2021
In 2021, iron and steel recycling in the U.S. stood at nearly 20 billion U.S. dollars, a year-over-year increase of over 90 percent. This increase was mainly associated with iron and steel scrap prices nearly doubling in the period. At over 400 U.S. dollars per metric ton, it was the highest price recorded in at least a decade.