The world around us is dependent on mechanical engineering. The use of machines has become a part of our daily lives and helps us perform any task with utmost ease. To facilitate dependable machine manufacturing, engineers turn to cutting-edge technology, strong metals and alloys, innovative methods and robust tools. Tool steel is one such material that is used across many industries for its sturdiness, variety of applications and durability. 

Among many varieties of tool steel, high-speed tool steel is the most popular one. High-speed tool steel is used to manufacture indestructible drilling, milling, threading, turning, broaching and boring gears. The increased use of high-speed steel has led to increased waste accumulation and thus affects the environment. In this blog, check out various perks of recycling high-speed tool steel.

Perks of recycling high-speed tool steel

Effective waste management:

Whether large or small, it is the corporate responsibility of every company to contribute to the well-being of society. Industries and companies in possession of obsolete high-speed tool steel can ensure effective waste management via recycling. The recycling process also promotes reduced environmental pollution by freeing more space in landfills.

Monetary benefits:
Scrap yards and recycling facilities like Alnor Industries handle high-speed tool steel scraps in exchange for commendable incentives. The value of the scrap material depends upon the type of metal or alloy. A scrap yard will help you assess the value of your scrap and offers decent cashouts. This can be a significant addition to your overall business profit.

Conserves energy:
The recycling process of steel tools plays a massive role in energy conservation. Manufacturing new steel tools from recycled alloy uses about 60% less energy compared to manufacturing them from scratch.

Alnor Industries Ltd. can provide the best value for your high-speed steel scrap. Speak to our experts today to learn more about our service.