Ferrous scrap metal includes iron-based materials such as steel and cast iron, commonly sourced from old vehicles, appliances, construction materials, and industrial equipment. Recognized for their magnetic properties, ferrous metals are among the most recycled materials globally. Although typically lower in value than non-ferrous metals, ferrous scrap is vital in producing new steel, reducing the need for mining raw iron. Recycling ferrous scrap conserves natural resources, lowers energy consumption, and supports eco-friendly industrial processes. Its widespread availability makes it a cornerstone of the recycling industry, benefiting both the environment and the economy by reducing landfill waste and promoting sustainability.