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The biggest difference between ferrous and non-ferrous scrap metal is that while ferrous scrap metal may contain iron, non-ferrous metal does not. One of the most widely-recycled scrap metals, steel, is an example of a ferrous scrap metal. Other examples of ferrous scrap metal include light & cast iron. Ferrous metals are usually much more bulky than non-ferrous metals.
Ferrous metals are mainly composed of iron and have magnetic properties. Steel, an iron alloy containing carbon, is by far the most-recycled material in the world. Total steel production in 2008 reached 1.3 billion tonnes, of which over 500 million tonnes were made from scrap metal.