Steel recycling rate at 88 percent for 2012
According to a recent report released by the Steel Recycling Institute (SRI), the overall recycling rate for steel was 88 percent in 2012 with nearly 84 million tons of steel recycled.
That number is down from 2011’s overall recycling rate of 92 percent according to a chart provided by the organization.
Steel cans were recycled at a rate of 72 percent, the highest among packaging materials. Automotive scrap was recycled at a rate of 93 percent for the year which is down from 95 percent in 2011.
More than 1 billion tons of steel have been recycled in North America since 1988, the year SRI was formed, the agency said.
SRI calculates the rates based on data from the American Iron and Steel Institute’s annual statistical reports, U.S. Geological Survey, the Environmental Protection Agency’s Characterization of Municipal Solid Waste, the National Automobile Dealers Association, the Association of Home Appliance Manufacturers and the Institute of Scrap Recycling Industries.