Recycling vs. Downcycling
In its “Zukunft Stahl” study, the Fraunhofer Institute for Environmental, Safety and Energy Technology found that 95% of stainless steel is recycled and that 4% is re-used. This means that only 1% of the stainless steel in circulation is lost.
By recycling valuable metals and alloyed scrap – as we do at CRONIMET – the metals can be recycled with almost no loss of quality thanks to a conscientious separation. In this way, the resources are fed back into the raw material cycle.
However, with down-cycling (e.g. of paper or PET plastic bottles), the quality of the recycled raw material is reduced during the processing. This means that paper can be recycled a maximum of seven times before it is finally disposed of.
In addition, the recycling of about one tonne of stainless steel avoids the mining of 33 tonnes of ore and saves approx. 4.5 tonnes of CO₂ per tonne of a stainless steel blend. As the world’s leading recycling company for stainless steel, we are part of this success!