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Steel Recycling Institute

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Steel recycling rate hits all-time high

The Steel Recycling Institute (SRI) announced this past December that the overall steel recycling rate for the world’s (and America’s) most recycled material – steel – reached a record high of 83.3 percent in 2008. This means that more than 82 million tons of domestic steel scrap was charged into furnaces, both in the United States and abroad, to make new steel products to be used by the steel industry’s customers.