The article studies the possibilities of reusing various wastes of the ferrous metallurgy industry (metal scrap, steel shavings, blast furnace slag, etc.) in the concrete production process and its effect on both the physical and mechanical properties of the materials. During the study, the technological scheme of concrete production, as well as the principles of partial replacement of raw materials with cement and aggregates, and the ecological and economic efficiency of this process were analyzed. As a result of the conducted studies, it was determined that the use of granulated blast furnace slag as a cement substitute enhances the resistance of concrete to sulfates and also reduces the heat of hydration. The addition of metal shavings and cutting lathe waste significantly increases the tensile and bending strength of concrete, creating a fiber concrete effect. However, factors such as the volume expansion process caused by the influence of free CaO and MgO and the risk of corrosion of metal particles reveal the need for laboratory experiments and tests. The article also analyzed the import and export statistics of ferrous metal waste in our country in 2021-2022, and assessed the prospects for integrating these wastes into the local construction industry in terms of reducing CO2 emissions and saving natural resources.