Yes, absolutely! As we mentioned earlier, steel is 100% recyclable and retains its full strength no matter how many times it goes through the recycling process. This is essential for steel production because of the environmental implications: not only is it much more expensive to process iron ore into virgin steel, but it also takes much less energy to smelt recycled steel for use in new production projects. Making virgin steel is heavily dependent on fossil fuels, but recycling it can save 1.8 barrels of oil, 10.9 million BTUs, and 642 kWh of energy and 2.3 cubic meters of landfill space for every ton of steel recycled, according to Azo Materials.
You may be familiar with the process of “downcycling” in the recycling process, which is often used with paper and plastic products. For example, office paper is often recycled, but the wood pulp it is made from does not retain its strength during the process. It loses its quality, its strength decreases, and it is no longer suitable to be turned into more office paper. Instead, it will be downcycled into an inferior product, such as recycled paper towels or egg cartons.
However, due to the magnetic properties of the iron in steel, steel does not undergo downcycling: its quality does not degrade, even when it is melted down for reuse. A recycled steel panel can theoretically be reused to make a completely new panel, with no loss of quality! This is sometimes called the "infinite" process. In short: recycled steel is just as strong as new steel, no matter how many times it is recycled. Because it takes much less energy and fewer resources to recycle steel, it is highly recommended to use post-consumer steel.