At Spencer Metals, we believe our business has a strong positive impact on the environment and are committed to working with manufacturers in the region to meet their metal recycling needs.
Recycled steel today forms one of the most important raw materials for steel makers around the world. Electric arc furnaces rely almost entirely on recycled steel as their raw material with smaller quantities being utilized by blast furnaces as well. All in all, the British Metals Recycling Association (BMRA) estimates that globally 42% of new steel is made from recycled steel, leading to 62-74% of energy savings for steel manufacturers.
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