JC Horizon Ltd.

About Iron & Steel
The element iron (Fe) is one of the most abundant on earth, but it does not occur in nature in useful metallic form. Metallic iron, from which steel is derived, must be extracted from iron ore. By definition, steel is a combination of iron with a small amount of carbon. Iron and steel comprise about 95 percent of all the tonnage of metal produced annually in the United States and the world. According to the USGS, the nation’s iron and steel industry and ferrous foundries produced goods in 2007 that were valued at about $150 billion. The industry consisted of about 57 companies that produced raw steel at about 116 plants, with combined production capability of about 113 million tons.

Ferrous Metals Recycling Facts & Statistics
Ferrous scrap is a vital raw material for the production of new steel and cast iron products. The U.S. annually recycles enough ferrous scrap that, if put in rail cars, would stretch in a continuous line for 11,349 miles, nearly halfway around the world. Currently, more than two out of three pounds of steel made in the U.S. are manufactured using ferrous scrap. Electric arc furnace (EAF) manufacturers utilize nearly 100% ferrous scrap as their feedstock material. Ferrous scrap is iron and steel recovered from automobiles, farm equipment, household appliances, steel beams, bridges, railroad tracks, ships, and food. Nearly half of the ferrous scrap supply is generated from industrial and manufacturing sources. For example, when a piece of metal is cut or a hole is drilled, the metal that is left over is industrial scrap. Ferrous scrap metals recyclers purchase the scrap and process it into one of more than 100 globally recognized commercial grade specifications. It is then sold to a steel mill, foundry, or other industrial consumer for manufacture into new products.*

Scrap Metal we buy/sell:

HMS 1&2 80/20 Mix	P&S - Plate and Structural Steel
Shredded Scrap

*http://www.isra.org/