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Visualizing the Opportunity Cost of Unrecycled Metals in the U.S.

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Visualizing the Opportunity Cost of Unrecycled Metals in the U.S.

The Opportunity Cost of Unrecycled Metals in the U.S.

Metals are an essential resource for modern society, used in everything from construction and transportation to technology and medical equipment. As the demand for these minerals continues to grow, so does the amount of waste generated by their production and consumption.

Recycling this metal waste is not just a win for sustainability; it also has huge economic benefits. In the visual above, we explore the ratio of recycled vs. unrecycled metals in the U.S. using 2020 Recycling Statistics by the U.S. Geological Survey.

Metal Recycling in the U.S.

Opportunity cost is a concept that refers to the benefits that are forgone when choosing one option over another. In the case of unrecycled metals, the opportunity cost is the potential economic and environmental benefits that could have been achieved through increasing metal recycling ratios.

Below are the recycling rates for select metals in the U.S. in 2020.

Metal% of supply recycled
Aluminum54
Chromium25
Copper36
Iron & Steel52
Lead77
Magnesium55
Nickel52
Tin36

The above recycled metals represented a dollar value of $26 billion in 2020. Their unrecycled counterparts, on the other hand, represented $28 billion.

Metals can either be recycled from scrap that results from the manufacturing process (known as “new scrap”) or scrap from post-consumer products (“old scrap.”) Regardless of the source, many of them, especially chromium, copper, and tin, have the potential to reap further sustainability and economic benefits by recycling a larger proportion of their scrap supplies.

The Case for Metal Recycling

When compared with the mining, processing and transport of new metals, recycling metals can provide a significantly less energy-intensive alternative, saving enough energy each year to power millions of homes in the U.S.

Recycling metals can also save natural resources, create more green jobs, and reduce a country’s dependency on mineral imports by supplementing its supply of raw materials.

Overall, the potential for metal recycling is vast, and taking steps to increase the amount of recycled metals in the U.S. can lead to even greater sustainability and economic benefits.

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Misc

Brass Rods: The Secure Choice

This graphic shows why brass rods are the secure choice for precision-machined and forged parts.

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Teaser of bar chart and pie chart highlighting three ways brass rods empower manufacturers in the competitive market for precision-machined and forged products.

Brass Rods: The Secure Choice

The unique combination of machinability and recyclability makes brass rods the secure choice for manufacturers seeking future-proof raw material solutions.

This infographic, from the Copper Development Association, shows three ways brass rods give manufacturers greater control and a license to grow in the competitive market for precision-machined and forged products.

Future-Proof Investments in New Machine Tools

A material’s machinability directly impacts machine throughput, which typically has the largest impact on machine shop profitability.

The high-speed machining capabilities of brass rods maximize machine tool performance, allowing manufacturers to run the material faster and longer without sacrificing tool life, chip formation, or surface quality.

The high machining efficiency of brass leads to reduced per-part costs, quicker return on investment (ROI) for new machine tools, and expanded production capacity for new projects.

Supply Security Through Closed Loop Recycling

Brass, like its parent element copper, can be infinitely recycled.

In 2022, brass- and wire-rod mills accounted for the majority of the 830,000 tonnes of copper recycled from scrap in the U.S.

Given that scrap ratios for machined parts typically range from 60-70% by weight, producing mills benefit from a secure and steady supply of clean scrap returned directly from customers, which is recycled to create new brass rods.

The high residual value of brass scrap creates a strong recycling incentive. Scrap buy back programs give manufacturers greater control over raw material net costs as scrap value is often factored into supplier purchase agreements.

Next Generation Alloys for a Lead-Free Future

Increasingly stringent global regulations continue to pressure manufacturers to minimize the use of materials containing trace amounts of lead and other harmful impurities.

The latest generation of brass-rod alloys is engineered to meet the most demanding criteria for lead leaching in drinking water and other sensitive applications.

Seven brass-rod alloys passed rigorous testing to become the only ‘Acceptable Materials’ against lower lead leaching criteria recently adopted in the national U.S. drinking water quality standard, NSF 61.

Learn more about the advantages of brass rods solutions.

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Brass Rods: The Safe Choice

From airbags to firefighting equipment, components made from brass rods play a vital role in creating a safer environment.

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Graphic illustrating how the use of brass rods can prevent fires and create safer environments.

Brass Rods: The Safe Choice

From airbags to firefighting equipment, components made from brass rods play a vital role in creating a safer environment.

This infographic from the Copper Development Association illustrates three use cases for brass. This is the first of three infographics in our Choose Brass series.

Why Brass?

Brass is one of the most reliable metals for industrial and other applications. It contains little to no iron, protecting it from oxidation, which can cause other materials to fail over time.

Additionally, the malleability of brass ensures tight and leak-free metal-to-metal seals for threaded joints, minimizing the risk of costly and dangerous system failures. Brass’s durability ensures critical system components function properly for years.

Brass for Safe Water Systems

Exposure to lead in water can cause various health problems, including neurological damage, developmental delays, and cardiovascular diseases.

As a result, the U.S. sets minimum health-effect requirements for chemical contaminants and impurities indirectly transferred to drinking water from products, components, and materials used in water systems.

Currently, only brass rod alloys are designated as “acceptable materials” according to national standards.

Brass is also essential for ensuring workplace safety, particularly in high-risk manufacturing environments.

Using Brass for Safe Manufacturing and Industrial Environments

Brass is used extensively in industrial applications such as machinery components, valves, fittings, architectural elements, bearings, and gears.

The machinability of brass rods also means longer tool life and higher productivity for manufacturers of precision parts.

The microstructure of brass helps break up metal chips generated during machining operations, preventing long and stringy chips that can crash machines and seriously injure operators.

Additionally, brass’s non-sparking properties make it ideal for tooling, fittings, and components in high-risk industries such as oil & gas, chemicals, pharmaceuticals, paint manufacturing, power plants, and explosives.

Brass for Safer Communities

Many pieces of equipment in our daily lives also rely on brass rod parts to function. Control valves in gas stoves, BBQs, and home furnaces made from brass rods reduce the risk of deadly gas leaks and fires.

Moreover, brass is ideal for firefighting equipment due to its corrosion resistance, durability, heat resistance, and non-sparking properties.

Fittings made from brass rods ensure that the brakes and airbags in our vehicles work when needed.

Brass and other copper-based alloys are also naturally antimicrobial, helping prevent diseases when used in high-touch surfaces such as door handles.

These are only some of the ways that brass rods help build a safer world for everyone.

Explore the Advantages of Brass Rod Solutions.

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