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Because it's cheaper to recycle metals than create new ones form their ore. Steel, Iron and other metals can be infinitely re-used -simply by melting and re-casting them. The cost of mining 'virgin' ore, transporting it to a processing plant and smelting into metal - is far greater than the cost of simply re-melting used materials. There is a finite amount of raw materials on Earth - eventually they will run out - and we will have no option by to recycle everything !

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