Do you charge for pickup, fuel, containers, or scrap audits?

No. There is no charge for transportation, fuel, equipment/containers, or scrap audits.

When do I get paid for my ferrous scrap?

Greenway pays in 5 business days for commercial and industrial scrap programs.

Is rusted steel or iron still recyclable?

Yes. Most rusted or corroded ferrous metals can still be recycled and processed.

What types of ferrous scrap do you typically handle?

Typical ferrous grades include #1 and #2 heavy melt, stainless steel, busheling, plate and structural steel, cast iron, rail, turnings, and coils.

Ferrous Scrap Metal Recycling (B2B)

Q: What is ferrous metal?

Ferrous metal contains iron and is typically magnetic. Common examples include carbon steel, structural steel, and cast iron.

Q: How can I tell if my scrap is ferrous?

Use a magnet. If the magnet sticks, the material is likely ferrous due to its iron content.

Q: Do you buy ferrous scrap from the public?

Greenway focuses on commercial and industrial scrap programs and does not buy from the public.

Ferrous Metal Recycling for Commercial & Industrial Companies

Ferrous metal recycling should be a financial advantage—not an operational burden. At Greenway Metal Recycling, we help commercial and industrial generators turn steel and iron scrap into consistent revenue while supporting real sustainability goals.

This page explains what ferrous metals are, how professional recycling works, and why businesses across construction, manufacturing, and demolition choose Greenway as their long-term recycling partner.

No Fees. Ever.

Many recyclers quietly reduce payouts through added charges. Greenway doesn’t.

There are no charges for:

Transportation
Fuel
Containers or equipment
Scrap audits or evaluations

What you earn is what you keep—simple, honest, and straightforward.

Get Paid in 5 Business Days!

Cash flow matters. Greenway pays within five business days—often sooner—after pickup or delivery. There are no long settlement periods, unclear adjustments, or surprise deductions.

You’ll receive:

Clear grading
Transparent pricing
Predictable, reliable payments

You’ll always know what you’re getting paid and when.

Request a Scrap Pickup

What Is Ferrous Metal?

Ferrous metals contain iron and are typically magnetic. They are widely used in industrial, structural, and manufacturing applications because of their strength and durability.

Common ferrous scrap includes:

Carbon steel
Structural steel and beams
Plate, pipe, and tubing
Cast iron
Heavy melt steel (#1 and #2)
Steel turnings, borings, and off-cuts
Rail and industrial steel components

Even rusted or weathered steel still holds recycling value.

How Ferrous Metal Recycling Works

Professional ferrous recycling is a streamlined, industrial process designed for efficiency and safety.

1. Collection & Consolidation

Scrap is staged in roll-offs, hoppers, or truckload quantities at your site.

2. Sorting & Grading

Magnetic separation and inspection ensure accurate classification and pricing.

3. Processing

Material is sheared, shredded, or prepared for efficient melting.

3. Reuse

Recycled steel is returned to the supply chain to become new products.

This closed-loop process conserves resources and reduces environmental impact.

Why Ferrous Recycling Matters

Benefits for Your Business

Turns scrap into a dependable revenue stream
Reduces disposal and landfill costs
Frees up valuable yard and floor space
Simplifies waste handling and reporting

Benefits for the Environment

Uses far less energy than producing new steel
Reduces mining and raw material extraction
Lowers greenhouse gas emissions
Supports a true circular economy

Ferrous metals can be recycled repeatedly without losing strength or quality.

Ferrous vs. Non-Ferrous Metals

Ferrous Metals

Contain iron
Magnetic
Typically heavier and structural
Examples: steel, cast iron

Non-Ferrous Metals

Do not contain iron
Non-magnetic
Often lighter and corrosion-resistant
Examples: aluminum, copper, brass

Understanding the difference helps businesses sort scrap efficiently and maximize returns.

People Often Ask About Ferrous Recycling

How can I tell if my scrap is ferrous?greenwaymetalrecycling2026-01-14T13:53:30-06:00

How can I tell if my scrap is ferrous?

If a magnet sticks, the metal is ferrous.

Is rusted steel still recyclable?greenwaymetalrecycling2026-01-14T13:53:49-06:00

Is rusted steel still recyclable?

Yes. Rust does not eliminate recycling value.

Do I need to sort or clean my scrap?greenwaymetalrecycling2026-01-14T13:54:01-06:00

Do I need to sort or clean my scrap?

Basic separation helps, but professional recyclers handle grading and processing.

Who is ferrous recycling best suited for?greenwaymetalrecycling2026-01-14T13:54:13-06:00

Who is ferrous recycling best suited for?

Commercial, industrial, construction, demolition, and manufacturing generators with consistent volume.

Do you buy ferrous scrap from the public?greenwaymetalrecycling2026-01-14T13:54:25-06:00

Do you buy ferrous scrap from the public?

No. Greenway focuses exclusively on commercial and industrial recycling programs.

Go Green with Greenway

Recycling ferrous scrap should support both your sustainability goals and your bottom line. Greenway makes it easy to recycle responsibly—without hidden costs or payment delays.

Get paid in 5 business days 
No transportation, fuel, equipment, or audit fees—ever 
Commercial & industrial service you can rely on

Ready to Get Started?

If your operation generates steel or iron scrap, don’t let it become a liability. Contact Greenway Metal Recycling today to discuss your ferrous scrap program, request pricing, or schedule service—and start turning scrap into real value.

TALK TO AN Scrap Metal EXPERT