ENVIRONMENTAL
RESPONSIBILITY
A CHAMPION OF THE ENVIRONMENT
Saving our planet for future generations is a core value at Benmet. For over 50 years, we’ve been champions of the environment by promoting the recycling and processing of scrap steel and metal. We continue to invest in technology to advance the efficiency of our operations.
ENVIRONMENTAL BENEFITS
It is less expensive to recycle steel than it is to mine iron ore and refine it to form new steel. Steel manufactured by scrap is chemically and metallurgically equivalent to steel made of virgin iron ore and because steel does not lose any of its properties during the recycling process, there is a significant reduction in energy consumption and material requirements as compared to the refining process. As a result, almost half of the steel manufactured today contains scrap.
BY THE NUMBERS
- 150 years of recycling has made an immeasurable positive environmental impact
- 100% of all steel products can be recycled repeatedly without any loss of quality
- 45% of the world’s annual 1.3 billion tons of production steel comes from scrap
- 16 million tons of scrap is processed annually by the steel industry in Canada
- 76% of annual energy consumption is reduced through the recycling process, enough to power 18 million homes for one year
- 1100 kilograms of iron ore, 630 kilograms of coal, and 55 kilograms of limestone are saved by recycling 1 ton of steel
A TRUSTED PARTNER
At Benmet, we take pride in the service that our company provides to our customers, the honesty and transparency of our pricing model, and the positive impact our business makes on our world. Let’s work together for maximum effect.