A significant amount of the worldwide demand for metals is met with recycled materials acquired by metal producers in the form of purchased scrap. This article focuses primarily on the methods and technology used to process and repurpose the vast amounts of purchased scrap that recirculate in the industrial supply chain. It describes the U.S. market for iron and steel scrap, providing information on scrap use by industry, factors influencing demand, and the purchased scrap supply. Iron and steel recycling is discussed separately from stainless steel and superalloy recycling in this article, as the scrap industry treats them differently....