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Portland Pages: Localizing What You Need
|Schnitzer Steel||Scrap Metal Recycling||
Sustainability and the Environment
Sustainability starts with our business model. Recycling metal instead of using virgin ore to create new steel products saves energy and natural resources. By using recycled metals, the steel industry saves enough energy each year to power 18 million households. Recycling one ton of steel conserves 2,500 pounds of iron ore, 1,400 pounds of coal and 120 pounds of limestone. Creating products from recycled steel instead of virgin ore uses 40% less water and reduces mining wastes by 97%. Also, because of the high percentage of recycled content and high reclamation rate our products are ideally suited for LEED building projects, significantly contributing to LEED certification.
However, sustainability doesn't end with our business model. We are constantly working on reducing our environmental footprint. Over the years, we've improved our processes and controls, invested capital to increase our efficiency and decrease our energy use and fostered a culture of resourcefulness and accountability. For many years, we've shown that it is possible to operate profitably while maintaining a focus on sustainability and being responsible stewards of our environment.
As one of the nation's largest recyclers of scrap metal, Schnitzer's metals recycling facilities collect, broker, process and recycle metal, both ferrous (containing iron) and nonferrous (not containing iron). Our integrated platform enables the delivery of processed metals to steel mills and foundries around the world for new production due to our strategically located facilities. Continuous capital investments in advanced technologies provide high quality, operationally efficient scrap metal processing.
We purchase scrap metals from the Western U.S. and Canada, Hawaii, Alaska, the New England states, the Southeast and Puerto Rico. Our proximity to large industrial suppliers and railways, deep water ports and major highways provides us with strong sources of supply and a competitive advantage to deliver processed scrap metal wherever demand is greatest.
Schnitzer's Steel Manufacturing Business purchases recycled metal through our Auto and Metals Recycling facilities business and re-melts it into high-quality finished steel products. Operating as Cascade Steel Rolling Mills, we produce a wide range of products at our state-of-the-art mini-mill including reinforcing bar (rebar), coiled reinforcing bar, wire rod, merchant bar and other specialty products. Our mini-mill is the only one in the Western U.S. that can obtain all its recycled metal through its own affiliated metal recycling operations. We have an annual operating capacity of up to 800,000 tons of finished products.
Cascade Steel's electric arc furnace (EAF) is more energy efficient and environmentally friendly than traditional blast furnaces. Processed scrap is melted by the EAF and then cast into semi-finished goods called billets. On-site rolling mills convert the billets into the finished products, primarily reinforcing bar and wire rod.