Thursday, 12 November 2020

Will the metal recycling business be able to pick up the pace once again after the pandemic?

Recycled metals are used extensively in all shapes, sizes and forms across various industries. Recycling of scrap metals is a sustainable option in comparison to mining from natural resources. Moreover, use of recycled metals is more economical and also cuts down waste generation. These factors have given impetus to the metal recycling companies in Dubai and worldwide. 

Metal recycling markets across the globe is valued at US$365.3 billion in 2020 and estimated to grow to $579.3 billion by 2027. (https://www.globenewswire.com/fr/news-release/2020/08/17/2079257/0/en/579-3-Billion-Worldwide-Metal-Recycling-Industry-to-2027-Impact-of-COVID-19-on-the-Market.html). The prospects for metal recycling companies in UAE appear to be positive while this sector is projected to grow at the CAGR (compounded annual growth rate) of 6.8% globally between 2020 and 2027. (https://www.globenewswire.com/fr/news-release/2020/08/17/2079257/0/en/579-3-Billion-Worldwide-Metal-Recycling-Industry-to-2027-Impact-of-COVID-19-on-the-Market.html )

https://www.steel-360.com/stories/recycling/uae-scrap-industry-inside-account

However, as the COVID 19 pandemic has hit economic activities globally, thus metal recycling companies have been affected too. The pandemic and ensuing lockdown restrictions have disrupted the supply chain and hampered the collection of scrap metals and its availability in the market. Further, industrial units including automotive and construction industries have either slowed-down or halted their activities. This implied low generation of scrap metals from such sectors and hence low supplies to Dubai scrap yards and across the UAE. 

metal recycling business
Photo reference: Copyright free image by pixabay


While the recycling process slackened, the demand for the end product also went down. Since factories were shutting down or restricting their activities due to COVID 19, the demand for the recycled metals also saw a dip. This prolonged low demand with scarce purchasers can also lead to accumulation in inventory, where the larger quantity of product outpaces the number of buyers.  

Steel scrap is highly valued in the market. Although steel mills reduced the size of output, scrap prices witnessed a rise in its price in May because scrap collection substantially plummeted. To counter the impending scarcity of the valuable ferrous scrap in Dubai and elsewhere in the UAE, Ministry of Economy imposed ban on the export of ferrous scrap within four months starting May 15th.  (https://metallurgprom.org/en/main/4192-obedinennye-arabskie-jemiraty-zapretili-vyvoz-metalloloma-iz-strany-s-15-maja.html#:~:text=According%20to%20the%20order%20of,in%20a%20pandemic%20Covid%2D19)

The current challenges in the metal recycling companies can be overcome with strategic policies aimed at boosting the metal recycling sector. Updated and shock resilient policies could help smoothen the supply chain from both ends. Metal scrap companies in Dubai have the potential to grow in near future. The needs for recycled scrap metals are projected to grow manifolds in industries such as automotive, construction and housewares. 

Once the pandemic has subsided and contained, metal recycling business will be able to pick up the pace and tackle any economic slow-down. Aluminum, steel and copper scrap will retain its value in the recycling markets of the UAE for the need for these recycled metals are unending.    

Lucky Recycling, a trustworthy business entity uses advanced technologies to ensure sustainability and the generation of value from scrap metals. Recycled metals are here to thrive and Lucky Group is the vanguard of sustainability in metal recycling sector.   

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).


Contribution of Scrap Metal Industry toward Global World Industrialization

 The word ‘SCRAP’ is a wide term consisting of recyclable and leftover materials, collected from manufactured and consumed products like the parts of automobiles, surplus materials, and building supplies. The term ‘WASTE’ should not be confused with scrap. Scrap has a monetary value and can be recycled, unlike waste. 

So, why should we recycle scrap? And how does it help the economy? Scrap recycling is an efficient method to ignore the rising costs of mining, both economically and environmentally. As the metal is present in abundance, collecting and recycling scrap becomes easier. Recycling scrap helps us to create new products which are not only environment-friendly but also are beneficial for the industries all around the world. 

Scrap when recycled, can prove to be useful in more ways than one:

Energy - The process of turning scrap metal into a new product does not require as much energy as compared to producing the same product with new resources from scratch. The scrap metal is utilized to its maximum with some modification. Various industries can make use of scrap metals to conserve energy and create new products with less resources, all adding up to the upliftment of the world industrialization.

Economic - The scrap industry is a gateway for around fifty-thousand jobs ( https://en.m.wikipedia.org/wiki/Scrap) and proves to be a great help for the unemployed crowd of a country. In these stressful Covid-19 days, where the economy of the whole world is shaken, the scrap metal recycling industry becomes fruitful in contributing to the economy bit-by-bit. Besides helping the economy, the costs of producing new metals can be eliminated by using the metal scrap as base. The utility provided by the scrap industry has provided an impetus to the slowed-down industries not only in the UAE, but also globally.  Industries using recycled scrap metals not only help in continued operations, but also by reducing the use of natural resources, conserving energy, boosting economic growth and employment, etc.

A major part of scraps are alloys. Depending upon the elements present in the alloy, the scrap could fetch considerable value.  Aluminium and aluminium alloy scraps fetch good value in the market. (https://www.singletonscrapmetal.co.uk/news/which-scrap-metals-will-earn-you-the-most-money/). Lucky Recycling is one of the best recycling companies in UAE which has its key interest in scrap recycled products. 

In trying times as such, the slogan, “reduce, reuse, recycle” should be followed and taken seriously by individuals and companies. Lucky Group is the most efficient scrap buyer in Dubai, Jebel Ali, Toronto, Miami, and Shanghai. This organization also has a separate sector for recycling, named Lucky recycling. It strives towards providing the best management and all kinds of ecological benefits.

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).


Friday, 6 November 2020

Recycling Talent

Undoubtedly, we all have been blessed with specific skills and creative minds.  At times, we are reluctant to use our talents but if we have courage and inspiration, we can improve ourselves and become part of a talented contributing community.

Handling of scrap metals is one of the most resourceful skills known to recycling industries. Metal recycling companies in Dubai recycle a large variety of metals. The most frequently recycled metals are scrapped iron, steel, copper and aluminium. The two main types of metals are ferrous (metals that contains iron) and nonferrous (without iron). One of the most industrial attributes of metals are that they can be recycled indefinitely, without losing much of its properties. Scrap metals are either melted down, fabricated into something new or shredded to make scrap briquettes for future use.

Recycling industries are giving an opportunity to our young talented generation by providing hundreds of people with great job opportunities as opposed to relatively dangerous jobs like mining. They invest in young local talents to drive the recycling activities not only have great environmental benefits but also help with economic growth and power conservation.

At Lucky Group, we take great pride in our highly skilled team of analytics and the years of experience that have contributed significantly to our positioning as a trusted entity among the metal scrap companies in Dubai.

We all live in a fast paced and modern world today, but little do we realize that all of this will not actually matter if there is no future and no space. Dubai is a city of talented and multinational community. It encourages people to recycle waste scrap metals to get rid of landfill garbage because pollution is man’s as well as the earth’s common enemy.

Lucky Recycling is one of the leading scrap buyers in Dubai, always concerned about the environment and streamlines its operations to be environmentally beneficial. Known for helping in educating and volunteering in most matters and events related to the environment they always make sure they deliver the best quality products to their customers in the least environmentally damaging manner. 

To know more about the Lucky Group kindly visit: www.luckygroup.com

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).

Health & Safety best practices at Recycling Facilities

The scope of recycling industry is not only associated with collecting and processing of scrap metals to make it available for manufacturing industries but also to benefit our communities and the environment at large.

Recycling companies in UAE has grown rapidly over the past decades but the question is, are we following a sustainable and a safe recycling modus operandi? 

Recycling is good for the environment but it can be dangerous for workers if we do not follow health and safety guidelines, investigate accidents at work, and make sure employers and employees are safe at work.

Urban Miner - Lucky Group is one of the most renowned companies all over the globe which is very particular about its quality of the products; likewise it is also particular about the health and safety of their employees and visitors. It follows some strict rules and regulations pertaining to the health and safety like;

1. It gives detailed training, information and instructions about the safety measures to its employees. 

2. Keeping in mind the standard and reputation of the company proper infrastructure in terms of cleanliness, accommodation, pollution and work environment is given to the employees.

3. The company has periodical updates of health and safety policies, operational procedures   and also of management process.

4. The most important factor of health and safety at Lucky Group is the missions to remain an accidental-free environment.

It is true that health and safety risks are always associated with all types of recycling activities.  Lucky Group has experienced Health and Safety officers who take care of their employees. There is a timely Health and Safety check done by HR’s and HSE managers. They see to it that whether the measures are followed properly and well executed on time.

Lucky recycling tries to reduce pollution by using sustainable resources. These companies are known for taking environmental safety measures by giving the best service to the customers.

For more information visit us at http://www.luckygroup.com

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).



Monday, 19 October 2020

3 Common household Metals Facts for Children

Household items contain variety of metals which we encounter every day in our lives. We see and use these metals frequently like Aluminum cans, Stainless utensils, electrical Copper wires and much more.  Today, we have ranked the 3 most common household metals used in our daily lives.

Copper 

Copper use in cables
Photo reference: Copyright free image from pixabay

Owing to its unique property of quick and smooth passage to heat it is an ideal metal for electrical appliances.  Because of its ductility, high conductivity, low resistance, and less oxidization it is an ideal choice for architecture, construction industries, aesthetic jewelry and interior designer’s solutions.

Copper is the most common metal that can be found in our household appliances: smartphones, computers, telecommunication devices, televisions, refrigerators, washing machines, dryers, air conditioning, microwaves, household wirings, some of kitchen decorations or serving utensils and dishwashers.

Aluminum 

Aluminum wrapper
Photo reference: Copyright free image from pixabay


Another most valuable and versatile household metal is Aluminum having huge demand and success in metals recycling industries.  Highly malleable, resistant to corrosion, stronger and light weight makes it a perfect choice for the manufacturing industries of automobile and cookware items.  Aircraft uses aluminum because it is sturdy and light.

Today, the most common use of Aluminum we see in our daily lives is in food packaging products for its long term safe storage.  All of soda cans usually are made of Aluminum.  

Many children wrap their sandwiches in Aluminum foil. Overhead cables that supply electricity from one point to another are also made of Aluminum in many countries

Manufacturers of smartphones, tablets, laptops, flat screen TVs, monitors and other equipment are using an increasing amount of Aluminum. Nevertheless, Aluminum has become an integral part of our everyday life. 

Steel 

Steel utensils - fork
Photo reference: Copyright free image from pixabay


Steel is also the most common metal alloy mixture of different elements like Carbon, mostly used in building houses, tools, motors and engines, industrial machineries, bars for making reinforced  concrete, kitchen cutleries, industrial plants,  ships and boats,  electrical appliances, rails for trains, electrical transformers and towers, bridges and other industrial machineries. The most attractive trait of steel is that it can be casted into various shapes. Perhaps one of the widest uses of this metal alloy is as Stainless Steel in household appliances, utensils and kitchenware. 

Stainless steel has an impressive tensile strength, is resistant to high and low temperatures, and is resistant to corrosion(https://fractory.com/what-is-stainless-steel/). The durability and long-lasting features of Stainless Steel makes it suitable for being molded in the form of utensils and other household tools. It is also among the most recycled metals which makes Steel scrap a good metal for the circular economy. 

Households should adopt the eco-friendly practice of selling their scrap metals to Scrap metal recycling companies. Lucky Group is a leading name amongst the metal recycling companies of UAE which practices the most advanced technology to recycle metals scrap. Lucky Recycling; as part of Lucky Group uses the latest processes which are environmentally beneficial to recycle a variety of metal scrap that transforms waste metals into valuable raw material for end-users a path for a sustainable environment. 

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).


3 Myths about Metal Recycling Business

Metal recycling is an essential measure for preserving non-renewable minerals and reducing waste. Here are 3 myths around the recycling business that we have debunked: 

1. Metal recycling consumes more energy than mining and processing new metals.

The process of mining the metal ore, purifying it, and processing it further is an advanced and lengthy process requiring a huge amount of energy at each stage. Whereas, metal recycling companies in Dubai and worldwide consumes significantly less amount of energy for the complete process of recycling. Recycling aluminum saves around 92% to 95% of the energy used to manufacture new ones from the virgin materials  (https://www.popularmechanics.com/science/environment/g29740355/recycling-facts/).

Similarly, recycling steel saves 56% and copper saves 90% of the amount of energy required for production from raw materials (https://www.ierek.com/news/index.php/2017/09/17/5-benefits-metal-recycling-will-inspire/). Hence, metal recycling companies in Dubai and across the globe have sizably contributed towards energy conservation and preservation of the exhaustible mineral resources.  

2. The demand for recycled metal is insipid in the market.

Scrap metal holds great value to manufacturers owing to its cost effectiveness with no compromise in the quality. Recycled metals are used extensively in automotive, construction, house ware, kitchenware, electronics and consumer goods industry. Aluminum, ferrous, and copper scrap in Dubai and in fact, globally, are amongst the most recycled metals because of their myriad use in diverse sectors. (https://www.gminsights.com/industry-analysis/recycled-metal-market )


The ill-conceived notion that recycled metal is inferior as compared to new metal, and hence, is not desirable, is false. The growing concerns regarding environment protection, waste reduction, energy preservation and conservation of non-renewable mineral resources have given impetus to the metal recycling companies in Dubai. Scrap metal trading is flourishing as the market is expanding for recycled metal which is as good as new metal and environmentally as well as economically viable. In 2018, the market demand for recycled metal was estimated to be 787.5 million tons. It is projected to grow at a compound annual growth rate of 4.1% from 2019 to 2025. (https://www.grandviewresearch.com/industry-analysis/recycled-metal-market) Thus, with positive demand of recycled metal across industries of all sizes, lucrative prospects await metal scrap yards and metal recycling companies. 


3. Metals cannot be recycled indefinitely.

Metal scrap can be recycled over and over again while being transformed into the same product as before. This is called ‘closed loop recycling’ wherein the scrap is recycled, usually into the same product, leaving negligible waste in the process. Closed loop recycling has become a popular practice among recycling companies in UAE. In this process, the cycle of being manufactured, then used and ultimately being recycled can continue without any definite stop. Besides, the recycled metal retains its quality. Most common scrap undergoing closed loop recycling is scrap from aluminum cans. Scrap from aluminum cans is recycled made into cans and the process continues. Hence, closed loop recycling ensures recycling chain sustainability.   

Lucky Group is the most trusted name amongst recycling companies in the UAE and is credited for the superior technology and eco-friendly techniques employed in recycling scrap metal. Lucky Recycling of the Lucky Group demonstrates the highest standards in the industry with its advanced processes for recycling ferrous and nonferrous metals. Recycled metal is soon to be the norm with the growing environment awareness and the consequent market demand for nature-friendly produce. 

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).




Tuesday, 13 October 2020

Aluminium – The Most Versatile Metal

Aluminium is one of the most versatile metals which are used in various products for both industrial and non-industrial applications. Aluminum and its alloys always have large demand in the Dubai scrap yards. As there is more demand for aluminum and its alloys in the market, production of aluminum is done on high level.

But choosing the right grade of aluminium to meet the needs of your demand it is very important. Aluminum comes in many different shapes and grades. The type of aluminium grade you choose ultimately depends on how you intend to use the metal. 

Aluminium on a large scale is used for packaging purpose. It includes drinking cans, foil wrapping, bottle tops, foil containers etc. The main reason behind using aluminium for packing of food is that it is completely impermeable. It also does not let the aroma or taste out of the food packaging. It is non-toxic metal. Aluminium alloy 1100 is commercially pure aluminium. Thin, ductile with excellent workability, aluminium foil is an everyday presence in our lives is commonly used in the chemical and food processing industries. 

Aluminum and its alloys are used in many aircrafts. As it is light in weight, less energy is used in moving the vehicle and it becomes easy to fly the plane. It is also used in trains, boats and cars. 7000 alloy series commonly used for making aircraft components. 

Aluminum has been used in high voltage electrical transmission, in place of copper as it is the most cost efficient power line material. Aluminum has other electrical applications too including TV aerials, satellite dishes, and it is the standard base for bulbs.

Aluminium alloy 6063 commonly known as architectural alloy to construct the buildings.  Buildings made with aluminium are virtually maintenance free due to the strength of aluminium's corrosions resistance. It is also used to build roofs, doors, window panes etc. It is very well suited for anodizing applications.  

The most of good qualities of aluminium alloy is 6061.  This grade has a great range of mechanical properties and corrosion resistance; as a result, it is used in a wide variety of products and application such as a construction material and automotive components.

Lucky Recycling handles wide range of aluminium scrap metals which are an excellent choice for industrial applications. As an Urban miner in the region, we always help you out with your intentions about recycling metals at different locations in UAE.  We are privileged to deal with some of the loyal customers in different parts of the world who have always appreciated our service and quality of products.

For more information visit us at http://www.luckygroup.com/

Disclaimer: This article(s) has been prepared solely for information purpose, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).