Although the industry calls it scrap, steel is a valuable resource as a secondary raw material. Whether it's the steel contained in products at the end of their useful life, or the material left over from the manufacturing process, there's more industry can do to reduce its reliance on virgin raw material. Traditionally, when plant equipment made from steel reaches its end of life - or with the scrap that's left over from production (eg a manufacturer of knives and razor blades that uses a stamp pressing process will have scrap metal that goes into a scrap bin at the end of the production line) - manufacturers find a scrap dealer to dispose of the steel.
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