Recycling helps protect the environment and keep garbage out of landfills. According to the International Trade Administration, 1.8 billion metric tons of crude steel were produced worldwide in 2022. If you produce a substantial amount of steel waste, keep reading to find out why steel recycling is so important.

Save Resources

Businesses all across the world use a lot of steel, and that steel requires iron and coal to produce. According to the Florida Institute of Technology, every ton of steel that you recycle saves about a half-ton of coal and a ton and a half of iron ore. There's also a lot of water used in the steel production process, which is a critical resource.

Reduce Production Costs

Not only does steel require iron and coal; it takes a lot of manpower and other resources to mine that iron and coal. The result is even more damage to the environment when you dispose of steel that could otherwise be recycled.

Create Job Opportunities

Steel recycling centers employ a lot of people, and you're helping keep those recycling centers in business by using them. When you do the right thing and recycle scrap steel, you're supporting more jobs and allowing people to lend a helping hand in the fight to protect the environment.

Earn Extra Money

Depending on where you choose to recycle your scrap metal, you can actually earn some extra money from it. Different types of scrap metal have different values, and you can get a bit of your money back by scrapping old steel you're not going to use.

Maintain a Sustainable Company

When you run a business, it's your responsibility to minimize the impact that business has on the environment. Maintaining a sustainable company means making an effort to reduce waste and protect the environment every step of the way, and recycling old steel is a great way to responsibly get rid of some of the waste you produce.

It's your job to make sure you're running your business the right way, and that includes taking your environmental responsibilities seriously. Fortunately, there are many ways to help the environment without hurting your business. Contact Winston Brothers Iron & Metal Company Inc today to learn more about steel recycling and how it can benefit your business.