Letter to the Editor: The economics of making steel vs. exporting scrap

Jul 25, 2013 | 04:54 PM |

Tags  scrap, steel, Steel Manufacturers Association, SMA, Institute of Scrap Recycling Industries, Thomas Danjczek, economic activity

To the Editor:

On behalf of the Steel Manufacturers Association (SMA), I appreciate the opportunity to comment on the article entitled “Recycling industry spurs economic activity” (amm.com, July 23), which references a recent economic impact study commissioned by the Institute of Scrap Recycling Industries.
The SMA agrees that the recycling of ferrous scrap provides significant economic and environmental benefits, and that scrap exports generate additional economic activity in the United States. However, the economic benefits derived from domestic steel production far exceed those associated with the processing and export of ferrous....





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