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 discarded materials, making it a crucial component of the circular economy.

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