Scrap Metals & its Handling

Scrap metals in general, are divided into two basic categories ferrous and nonferrous. Ferrous scrap is metal that contains iron, while nonferrous metals are metals that do not contain iron.  As the buyers always look for receiving processed scrap metals through reliable sources, Fortune metals established a satisfied trade network globally.

To provide refined scrap to end-users, Scrap metals trading required guidelines for quality scrap handling methods which will also help in protecting the employees from any surprising events at work place.

There are many ways to keep Scrap metals trading safer but below 3 simple useful tips will help you in handling scrap metals efficiently;

1. Proper training of employees and inspect resources used in handling any scrap

2. Use of PPE for cutting or breaking any scrap 

3. Proper distance for manual loading or unloading any scrap 

HOW TO GET SCRAP READY FOR SALE

Life cycle of Scrap metals trading revolves around the trade of refined metal scrap.

Metal recycling companies in Dubai have to ensure better services, maintain good relationships, keep the transparency and win the business.  Also it’s important to make sure the scrap you’re dealing with is clean. Any sort of impurities attached with your metal scrap will also affect your per-ton rate and will reduce your margins. 

Handle the scrap revenue stream with effective scrap management system;

• Select a reliable vendor.

• Safety first no matter what type of material you are searching for.

• Collect scrap metals free from non-metallic waste.

• Test and sort every type of metals you collect, label it and place as per their shipment plan.

• Maintain the inventory

• Handle metals free from environmentally unfavorable conditions.

Achieve the highest return by monitoring the scrap metals trends.

Raising scrap value through mill-direct pricing

Raising scrap value through mill-direct pricing

If a metal mill stands in proximity to a scrap recycler, then they inherently develop a strong bond as they operate and grow together. Besides, they also learn the operation procedure of their counterpart to yield more efficiency. And, by doing this, they often build up a strong relationship that benefits both their businesses. This bond is also profitable for the dealer who sells scrap material in that particular area. Let's delve a bit deeper to check out how.

If you want to sell a stack of scrap in the open market, then the scrap recycler will give you the final quote, depending on the type of scrap, the service it will provide, and the overall transportation cost of your scrap. But, a recycler with an adjacent mill knows about the specific demand of that particular mill. So, they are well aware of the quality of scraps they are looking for, the proper assessment, and the efficient sorting process.

Selling your scraps to this kind of recycler has many benefits. It will have meagre transportation cost as the mill is located nearby leading to a boost in the final price of your scrap. Besides, a scrap recycling broker can also negotiate the final price of the scrap with the mill confidently, as they have vast experiences of operating businesses together.

By proper sorting and low-cost transportation, the scrap recycler actually enhances the final value of your scrap. Besides, it is beneficial for the mill itself as it gets the materials which it needs. The seller and the recycler both will earn more money compared to the earning that they can get by selling scarps in the open market.