The iron scrap industry encompasses both commodities of iron in its pure state, and also different alloys combinations. Unlike non-ferrous metals, which are appreciated for their purity, iron scrap can contain alloys, which give iron agents additional physical qualities. Steel and cast iron are the most wide spread iron-based materials. Within these industries scrap has been actively recycled for more than 150 years, as it is more efficient and cheaper to recycle these materials, than to produce them from raw iron ore. The British Metal Scrap Portal team has elaborated a convenient trading system for its clients in order to facilitate the process of looking for iron scrap suppliers or purchasers. Look through our latest data list on scrap trading.
A period of volatility at the iron scrap market was observed in 2009-2010, but currently this industry is developing steadily. Different alloy combinations of ferrous metal have different properties. Cast iron is appreciated of its brittleness, high fluidity and castability, whereas steel is prized for its durability, weldability and resistance for rusting. Consequently, different types of iron scrap are suitable for diverse purposes and are obtained from various sources and, thus, differ in prices. On this page you may get acquainted with pricelists for iron scrap metal.