Does your business manufacture products that create scrap metal? Are you unsure what to do with all that scrap? One great option is to recycle it.

Scrap metal recycling is a big business that benefits the environment, the economy, and the customers who make use of this process. According to the Environmental Protection Agency, steel cans were recycled at a rate of 70.9% in 2018. That still leaves nearly 30% that wasn't recycled, not even considering other types of metals. Still not convinced about recycling? Below are a few reasons why your business should get started with this practice.

1. Earn Money

Recycling is good for business. Products that are manufactured out of recycled metal are significantly more affordable than those made out of new metals. Of course, manufacturers need recycled metal to keep making those items. Also, many scrap metal recycling centers pay for metals. Your business can turn your waste into a revenue stream by recycling.

2. Earn a Reputation for Sustainability

Sustainability is a top priority for many businesses right now. Companies want to collaborate with other organizations that take sustainability and environmental protection seriously. If you can show potential customers that you achieve sustainability goals by recycling your waste, they may be more inclined to work with you. In fact, many large companies can only work with vendors who meet sustainability requirements. Recycling can help you to expand your business network.

3. Reduce Your Environmental Impact

While there are obvious financial benefits to scrap metal recycling, there are also ethical benefits. Scrap metal recycling helps businesses do more with less and create new products without creating as much waste and pollution. That benefits our environment and our economy. You can do your part by recycling your scrap metals. Not only will this bring you a little extra money but it will also bring the benefit of knowing that you're doing the right thing for your industry and for the world.

Contact a scrap metal recycling company today to learn how you can get started. They can let you know how much they pay for certain types of metals and which materials they are unable to accept. They can also inform you how to deliver your scrap metals or if they offer pickup options. Contact our team at Winston Brothers Iron & Metal Company Inc for more information. We would love to assist you!