Galvanized steel banding is a great method of securing a steel strap to an item. The galvanized steel banding works as a holder or a reinforcer for strong containers most commonly used in the packaging industry.
Along with its packaging and industrial use, galvanized steel is easily recyclable and is a great U.S. export.
U.S. Steel Exports
According to American Recycler, the American Iron and Steel Institute (AISI) shipped 7.5 million net tons during the month of August. That’s a 2.6% increase from the 7.3 million net tons that shipped during July.
After a successful August, the year-to-date shipments for 2016 are now approximately 59 million net tons, which is actually on identical pace with the first eight months of last year. Hot dipped galvanized steel banding sheets and strips saw the biggest increase — 11% — in exports from July this year.
Recycling of Steel
For every ton of steel recycled, roughly 2,500 pounds of iron, 1,400 pounds of coal, and 120 pounds of limestone are conserved. Steel is actually one of the most common metals used around the world. Although it’s not the strongest metal and can easily rust, it’s still used in various industries and for many products — from the automotive industry and home appliances to small items and home furniture. Unless you have thousands of pounds of steel, it isn’t going to be worth too much at a scrap yard, but properly recycling it is essential and can go toward many different projects.
Through a process called electric arc furnacing, recycled steel material can be transformed into high quality tools and stainless steel products. A large portion of metal furniture is made from recycled steel, as well. Benches, chairs, tables, lamps, and gliders are just a few items that can be created entirely from recycled steel.
That’s why it’s so important to properly dispose of steel and not just throw it out or leave it unintended. Even if you have no use for scrap metal, recycle it so it can be used for someone else. Contact Independent Metal Strap today to learn more!