The Association of European Producers of Steel for Packaging (APEAL) has revealed that recycling of steel packaging in Europe has reached a new high of 76%.
The new recycling rate includes data from 2014 and has confirmed steel as Europe's most recycled packaging material for the tenth consecutive year.
Energy and waste specialist consultancy Eunomia has reviewed, audited and certified the methodology and data used by APEAL during the assessment.
APEAL secretary general Alexander Mohr said: "Steel has a number of inherent qualities that have contributed significantly to making it Europe's most recycled packaging material, bringing us ever closer to a circular economy.
"Steel is easily and economically recovered from any waste stream thanks to its magnetic properties. As a permanent material, steel recycles forever with no loss of quality. However, our recycling success story goes far beyond that.
"The industry's foresight in driving improvements and continuing work to inform brand and consumer packaging choice and environmental policy has led us to this point.
"By sharing best practices across Europe we are confident that we will meet our self-imposed target of 80% recycling by 2020."
Steel's strength, formability and durability is said to offer several packaging benefits for a variety of products.
The material provides greater food safety, longer shelf-life and improved storage to help reduce food waste and energy consumption.
Established in 1986, APEAL represents 95% of the total European production of steel for packaging.