Scrap metal recycling is a vital economic activity, with its philosophy and practice centered around resource conservation and environmental protection. It involves the collection and processing of waste materials, making it a key component of the circular economy.

Scrap metal recycling refers to the process of reclaiming and utilizing waste steel structures from construction projects, domestic scrap iron, industrial scrap iron, and other scrap metals. Scrap metal recycling is an economic development strategy for a circular economy, which can conserve resources, reduce transportation costs, minimize resource waste, and also alleviate environmental pollution. Not only can scrap metal recycling save on resource and material costs, but it can also accelerate the renewal of industrial structures and enhance the efficiency and overall benefits of the industrial chain.