Industrial scrap is often a byproduct of cutting, shaping, or assembling products and can be classified as either ferrous or non-ferrous, depending on its iron content. The recycling of industrial scrap is crucial for sustainability, as it reduces the demand for raw materials, conserves energy, and minimizes environmental impact. Many industries have adopted practices to manage and recycle their scrap effectively, turning waste into valuable resources while also adhering to regulatory standards. This not only helps in reducing operational costs but also contributes to a circular economy, where materials are reused and repurposed rather than disposed of.