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Aluminum Recycling Prices
Aluminum Recycling Prices / The Stats One of the most common statistics stated about aluminum recycling is that Americans throw away enough aluminum every three months to rebuild the entire national commercial air fleet.
-Click on the image above to see enlarged version - Imagine that amount of wasted resource! This makes it obvious and imperative that recycling saves natural resources and reduces the environmental impact of the solid waste posed by discarding what can be a valuable resource. Aluminum recycling is a process by which discarded aluminum is collected, reprocessed, and reused in products after its initial production. The process is quite simple it merely involves re-melting the scraps of aluminum. This process is far less expensive and consumes far less energy than extracting new aluminum from bauxite ore through the Bayer process which uses electrolysis. Recycling aluminum from scraps and discards uses only about 5 percent of the energy required to manufacture new aluminum. Aluminum recycling has been a common practice since the
early 1900’s and was quite widespread and intensive during World War
II. Since aluminum does not lose any of its important properties or
damage the metal’s structure it can then be recycled indefinitely. Aluminum Recycling Prices / Is Aluminum Economically Feasible?
Aluminum recycling is economically beneficial to both
the aluminum and recycling industry. The capital cost for the
production of recycled aluminum is already recognized to be far lower
than making new aluminum. Aluminum cans are the poster child of the recycling movement. This is by far the most valuable component in the solid waste stream. The aluminum can is also the most recognized recyclable item among household waste. Aluminum cans are also the financial drive behind most municipal and private recycling programs. Prices can and do fluctuate in conjunction with the price of new aluminum but the price of aluminum scrap has always been high when compared to other recyclable items.
Here is a list of the current prices of various kinds of scrap aluminum. Old Mixed Aluminum 0.29 0.38 lbs USD Thank you for visiting the Aluminum Recycling Prices page . For more information on the importance of recycling follow these links: What Materials Can Be Recycled Help the Environment by Recycling Return From Aluminum Recycling Prices to the Benefits of Recycling home page.
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