This paper presents a novel approach of a smart shortened material loop for producing second-life metallic components by saving a significant amount of energy and CO₂ emissions. The focus is on metallic components and manufacturing chains based on adapted forming technologies. Sourcing and using secondary semi-finished products instead of virgin metallic materials facilitates the omission of process steps, such as iron smelting, steel making, continuous casting, hot and cold rolling, which involve the highest energy consumption and the highest CO₂ emissions. Besides the positive impacts on sustainability, there are still scientific and technological challenges. One challenge lies in matching providers of secondary semi-finished material to market needs; the other comprises engineering the forming process chain while some material characteristics are not clearly specified or vary in a wide range. In contrast to the heavily restricted properties of virgin material, the characteristics of secondary semi-finished materials vary in a wider range and need to be elaborated. In the end, a new component will be produced, differing in design, function, and properties from conventional, single-life cycle products. Therefore, this paper introduces a novel, circular material loop for metals. The paper finishes with a short concept note on digital material and product passports to store and provide the required information on properties.