U.S. - value of metals recycled from new scrap by metal 2019

This statistic shows the value of selected metals recycled from new scrap in the United States in 2019. The value of copper recycled from new scrap amounted to approximately 4.4 billion U.S. dollars that year. This was the highest value relative to the other metals recycled, followed closely by aluminum recycling, which was worth around 4.2 billion U.S. dollars..

Value of selected metals recycled from new scrap in the U.S. in 2019 by metal (in million U.S. dollars)

Characteristic	Value in million U.S. dollars
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Release date

June 2021

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Region

United States

Survey time period

2019

Supplementary notes

Metal recovered from new scrap.
Aluminum: Monetary value is estimated based on average U.S. market price for primary aluminum metal ingot. Series revised by removing imported scrap to avoid double counting.
Copper: Monetary value based on annual average refined copper prices.
Magnesium: Includes magnesium content of aluminum-base scrap. Monetary value based on the annual average Platts Metals Week U.S. spot Western magnesium price.
Nickel: Monetary value based on annual average cash price for cathode, as reported by the London Metal Exchange.
The values have been rounded.

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