An economical method to process the metal waste that comes from the ball-bearing industry is presented. The purpose of the study was to determine the physical-chemical properties of the material, to present the most suitable binders and identify the factors that can affect briquette strength. The mechanical strength and resistance to gravitational drop were defined for both fresh briquettes and those that had been seasoned. The briquette structure was also tested. On the basis of the results of experimental studies and laboratory trials two techniques for processing the waste from the ballbearing industry on an industrial technological scale were developed. The economic and ecological impacts of these industrial applications were examined. The results of the investigations suggest that the briquettes might be recycled in steel-making furnaces. The reported solution to the problem of management of this type of waste appears to be universal and could also be applied by other waste-related enterprises.