Iron Scrap refers to discarded or leftover iron and ferrous metal materials that are collected for recycling and reuse in steelmaking and manufacturing industries. It is one of the most widely traded scrap materials globally because iron and steel can be repeatedly recycled without major loss of quality.

Description:

Material: Iron and ferrous metals Source: Industrial waste, demolished structures, machinery, vehicles, and manufacturing scrap Composition: Mainly iron with varying steel content Condition: Old, damaged, obsolete, or leftover metal items Magnetic Property: Magnetic due to ferrous content