Sunday, 18 March 2018

Factors that affect Scrap Metal Prices

When it comes to determining the value of your scrap metal, there are a number of factors that affects its pricing.


• Demand and Supply

The demand and supply of scrap metals in various industries plays a major role in determining its economic value. If the supply of scrap metals surpasses its demand, the economic value decreases. Similarly, if the demand is greater than the supply, the prices increase significantly. The economic status of the country also plays a major role.

• Market Price of Metals

The market price of metals affects the value of the scrap. If the market price of a particular metal increases, its scrap metal prices will increase too. The right timing also matters. For example, when the weather is suitable, there is more demand for recyclable metals and hence you can expect a rise in price.

• Location

Location of the scrap yard is one of the most important factors. Customers prefer scrap yards that are close to their factories as this reduces the transportation costs. The price of scrap is higher in scrap yards located in an industrial area than in those located at far off places. You can look for scrap yards in Dubai that are located in industrial areas.

• Quality and Type of Scrap

Apart from the quantity, quality also plays a significant part in determining the scrap value. If your scrap is covered with insulation or corrosion, you’ll get a much lesser price as the dealer will have to clean up the metal to get the value for money. Clean, high quality scrap yields more money. The type of metal is another factor. Non-ferrous metals are considered more valuable than ferrous metals as the former more malleable and the latter is more vulnerable to rusting.

Image source: pixabay.com

Disclaimer: This article(s) has been prepared solely for information purposes, 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).

Saturday, 17 March 2018

Copper Recycling

Copper is a valuable metal that can be recycled. Copper scrap is available in different forms and it is used in various  industries in Dubai,UAE. From wires to tubing, these forms of copper can be recycled to keep the environment clean and preserve the resources for generations to come.

1. Copper Wire- This is found in abundance in electronic devices and is an excellent conductor of electricity. Copper wires are easy to find and are recycled the most. Copper wires need to be free of any impurities  before being recycled. Bare bright copper wire is a valuable  grade of copper. It is free of any impurities , has no coating and is unalloyed. It is one of the most sought after forms of copper that can be recycled.


2. Copper Tubing- Copper tubing is used in a variety of items. It is most commonly used in plumbing and as a refrigerant line in HVAC systems. This also needs to be free of any impurities  and is easy to recycle. The leftover copper tubing during plumbing or any other contract work can be taken for recycling.

3. Flashing Copper- Flashing is your home's primary defense against water. Flashing copper is found in roofing and exteriors. Contractors will usually have leftovers of flashing copper from the work they do. Recycling this is a great way to recycle scrap metal.

4. Copper with Tar- Roofing Copper with heavy tar can often be found on roofs, gutters, and other home building resources. Copper with tar can be recycled as scrap metal. This is not the most ideal way that recyclers like receiving copper, but it is recyclable.

Image source: pixabay.com

Disclaimer: This article(s) has been prepared solely for information purposes, 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, 27 February 2018

What Are The Metals That Can Be Recycled?

Most type of metals can be recycled  with no or little change in their basic properties. By recycling metals, we can protect the environment and reduce energy consumption. There are a number of metal recycling companies in Dubai. Here are the metals that are recycled the most.


Aluminum

Recycled aluminum can be used to make beverage cans and food containers. It is also used as mechanical equipment in sheet metal and cars.  Aluminum cans have a  fast turnover recycling rate. You  can drop one can into the recycling bin and its new metal will show up as a new can in the stores within 60 days. Aluminum foil is just as fast recyclable as aluminum cans but they are usually not accepted   everywhere until they are thoroughly cleaned.

Steel

Steel is being recycled for more than 150 years now (please give reference). Some steel mills use just the steel scrap to produce new steel. From iron to steel alloys such as the stainless steel, everything can be melted down to be recycled.

Copper

Copper wires and pipes are used for recycling. Its natural coloring property makes it a popular metal for decorative objects. It is also used to make brass and bronze alloys.

Other Scrap Metals

Other metals that can be recycled include titanium, zinc, nickel and brass . Recycled lead is used to make new products, including batteries and is also used as medical equipment in hospitals and doctor’s clinics.

Image source: pixabay.com

Disclaimer: This article(s) has been prepared solely for information purposes, 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, 26 February 2018

How To Get The Best Price For Scrap Car

All the metals used in your car is valuable. Before you take your scrap car to the recycling centre, here are few points you need to note.


1. Remove the basic parts: Removing all the non-metal items from your car will help to ensure  to get the best possible price for it. When the dealer has to do all the cleaning themselves, they’re less likely to give you a good offer. You might also want to remove all the parts that can be sold separately for a profit. The battery and the radiator can be scrapped too. While removing the items, make sure you remove them with utmost care as any damage to these parts will further lower the price.

2. Know the value of your parts and objects: Getting to know an estimated value of your scrap before heading towards the recycling centre will give you a good idea of whether you are getting a fair deal or not.

3. Know the various metal parts:

a) Car batteries –  These are easy to remove and easy to scrap.

b) Lead wheel weights - On the inside of a tyre, you can find lead wheel weights which are a few inches long and made of lead with steel clips. Because of the presence of steel clips, you’ll get a price a bit less than that for regular clean lead.

c) Aluminum Wheel rims - Car rims are made of aluminum and you can take them off from the actual tyre before scrapping  to get the most value  for it.

d) Catalytic converters – Catalytic converters have the presence of platinum, rhodium or palladium inside and are one of the most valuable part in a car.

e) Starters and alternators: These contain  copper which makes them a profitable  material to scrap..

Look for scrap metal companies in Dubai to get the best price for your scrap car.

Image Source: pixabay.com

Disclaimer: This article(s) has been prepared solely for information purposes, 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, 23 January 2018

Advantages and Disadvantages of Metal Recycling

Advantages

There are a number of metal recycling companies in Dubai. Recycling metals has numerous environmental and economic benefits.

• The products made from recycled metals require less energy compared to the ones made using raw materials. This reduces carbon emissions and conserves energy. According to the National Institute of Health, recycling aluminum uses 95 percent less energy while recycling steel saves 60 percent.(https://www.livestrong.com/article/132349-benefits-recycling-metal/)

• Less amount of metals need to  extracted through natural resources if we recycle them. This will help in reducing the landfills. Landfills affects the environment and reducing it will lead to a cleaner atmosphere and lessen the health concerns associated with waste.

• Recycling metals requires human resources and thus adds jobs to the economy.

• Production of primary  metals from the ore is expensive compared to recycling.

• Recycling metals adds to the research and scientific advancements being made for recyclable and biodegradable materials.

• The metals made from the primary ore release greater amounts of greenhouse gas emissions which are a threat to the environment. Recycling metals will reduce this. Since it uses less energy thereforeless fossil fuels are burnt.

• Ores which are a non renewable resource can be conserved by recycling metals.


Disadvantages

• The process of collecting and sorting the materials for recycling can be expensive and time consuming.

• Many of the recycled metals are impure and may not meet up to the demands of certain production standards.


Disclaimer: This article(s) has been prepared solely for information purposes, 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, 22 January 2018

Process of Recycling Copper

Copper has been in use by civilization since time immemorial and it is being recycled from ages. This non ferrous metal is the best conductor of electricity, second only to silver. Known for its high ductility and malleability and its conductive properties, copper is one of the most sought after metals.


The process for recycling copper involves following steps:

Step 1: Collection

Collecting copper scrap is the first step.  Copper has been the primary component in electrical wiring. It is a good conductor of electricity  and is present in cooking devices, air conditioners, electrical cables, heaters, appliances and furnaces. In a large automobile, as much as 100 pounds of copper can be found in its various components. It is also largely found in electronic devices. When you consider that a computer contains a one and a half kilogram of copper, it is easy to imagine the fortune of materials inside the devices that are thrown away.

Step 2: Sorting and Stripping/Granulation

The next step is to reclaim copper from  the copper scrap. The main machines used for recycling copper are copper peeling machines, stripping machine and granulators. For a single wire, copper stripping machine can be used. For wires with multiple strands and complicated knots, the copper granulator is used.

Step 3: Shredding and Melting

When the copper scrap  is  processed by copper granulator, peelers or strippers, the pure copper is separated  and transported for further processing. In case of using the wire stripping machine, it is not very convenient to transport the entire copper wire to the melting device and hence it is shredded further. At the smelter, the bales are fed into a furnace and heated until they become molten copper. The molten copper can then be poured into casters and moulds.

Step 4: Cooling and Fabrication

Once the molten copper has cooled and hardened, they are rolled out into sheets which form the basis of new materials.

Disclaimer: This article(s) has been prepared solely for information purposes, 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).