Increase in Self Storage Facility – An Opportunity for Scrap Material Recyclers

Real estate is a cherished possession, especially in a country like UAE. Self-storage facilities in the country are no exception. More and more residents in the country are opting for renting the storage facilities space. This has made it a booming industry in the country. On an average, 10 square feet space can cost around AED 300 per month (https://www.selfstoredubai.com/en/prices/prices.aspx). 

According to many studies, people rent out these spaces for longer periods of time and use it to store items they do not want to part with. These items, while being locked-in and not used as frequently, holds more value for the owners and the economy – by offering scrap material for recycling; particularly scrap metals. It is a niche that offers a rewarding opportunity for scrap recyclers in the nation. 

So, what makes metal recycling in demand today? There is an ever-growing need for scrap metal. The benefits of scrap metal recycling are well known – it benefits the economy and the environment while conserving the depleting natural resources by reducing the need to mine for virgin metal ores. Not only it is economical, but it is also the need of the hour. 

While mining for metal ores and processing the metals is a time consuming and prolonged process, recycling the already-existing metal is a much simpler, quicker, and smarter alternative. A country like UAE has highly developed and modern infrastructure that is ever growing to keep up with the technology and uses huge amounts of metals in the process. This has in turn helped in increasing the employment in the sector. 

Recycling metals does not only help in creating huge infrastructures and big appliances, it is used in our day to day items like smart phones, window frames, stationary clips, etc. The raw material (recycled metals) costs a fraction compared to using virgin metals in these instances. The metals that are not recycled or not disposed properly end up in landfills. Other than pollution, the toxic chemicals in these metals pose an alarming threat to soil health, wildlife, ground water, and even humans. 

For those with self-storage facilities, it is worthwhile to check the materials stored and segregate the metal components for efficient recycling. Not only does it bring monetary gains, but also the pride and satisfaction in doing their bit in helping the planet.

A strong economy like UAE has a tight housing market – hence, people are settling for self-storage facilities. The market in UAE for self-storage facilities is growing as well as the scrap yards in its major cities, like the scrap yards in Dubai. 

Lucky Group is the leading metal recycling company in Dubai that undertakes metal recycling throughout the nation in its quest to provide best value – economically and environmentally. 

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).

Environmental and Economic Benefits of Metal Recycling

Most of us agree that metal recycling is good for the environment and we should recycle as much as possible but do we really know the reasons to make an effort to separate the recyclables?

How does metal recycling benefit  the environment? – does it provide any monetary benefit? What can we do to ensure optimum recycling benefits?

Metals are found in metal ores that are extracted through mining. These ores are found in untouched landscapes. Mining entails destruction of the natural ecosystem – recycling helps in reducing the mining to a great extent. This helps in conservation – of the landscape as well as the habituating wildlife. 

Metal recycling also reduces chemical pollution. Using recycled metals reduces the amount of transport that is used, often internationally. Reducing carbon emissions and use of fuel in the process is a step towards greener planet. 

Metal recycling helps in reducing the production of greenhouse gases like Carbon Dioxide, Carbon Monoxide, Nitrous Oxide that is otherwise produced during the process of smelting new ores. It also consumes less energy. 

Recycling helps in reducing scrap metals that end up in landfills. Recycling also ensures there is no groundwater pollution, habitat destruction, or create unstable ecological conditions. It is wise to educate oneself and spread awareness about segregation and recycling to ensure the recyclable metals do not end up in landfills and can be recycled for both environmental and economic gains. 

The metal recycling sector has provided thousands of individuals with employment opportunities. With the growing metal recycling companies in UAE and scrap metal trading in the country, the sector has been contributing to the economy significantly. The companies that use machinery on any level of operation can sell the obsolete machinery that usually uses large amount of metal in its composition. 

Companies can also produce new items more economically by purchasing metal scraps for manufacturing purposes. While this reduces the manufacturing cost, the company can offer the products at lower rate compared to their competitors, often resulting in increased sales and resultant revenue. Metal scrap is also a part of international trade – many countries are involved in international scrap metal trading. 

Individuals are able to generate a significant amount of revenue by recycling the metal waste found in everyday household items. For example, did you know you can recycle common items like metal window frames, aluminum and steel cookware, etc. generate substantial value for a household. Scrap buyers in Dubai make this process simple and convenient. Many metal scrap dealers also offer new items at discounted rates or adjust price in exchange for metal scraps. 

As discussed in this blog, recycling metal offers a myriad of benefits – economical and environmental. 

Lucky Group is committed to contributing towards a greener planet and provide the best value for metal scrap in the country. 

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).

Valuable Metal – Copper Wires

 Valuable Metal – Copper Wires

For any scrapper, possession of copper is as good as holding gold. Copper is obviously way cheaper than gold, however its mining process makes it a valuable metal. In the scrap metal  industry and in our everyday life very few metals match the value of  copper when recycled.

Copper is always booming

Copper Scrap Trading was also affected by the COVID-19 crisis but scrap metal industry is a booming sector and one of the most lucrative metals is copper.  Copper will continue to play a significant role in the overall metals market, especially in times when most of metal industries experience disruption due to pandemic. Buyers of Copper Scrap in Dubai often feel deceived with the procurement of copper at low value but if you are looking to earn money out of selling copper scrap you should know which copper scrap dealers are reliable ones; check the company’s past record and enquire about its services and fair monetary policies through its past and current customers.  

When handling copper wires…

Copper pipes and copper wires are made from same material. However, wire scrapping is little more tedious as the wire is more intricately made. It is also covered with insulation.

What state is your copper material in? The answer will play a key role in determining how much can you expect out of the sale or recycling transaction.

It is undeniable that a clean copper wire that is devoid of impurities will give you the highest return as one of the Lucky Recycling.

Many tend to destroy the rubber insulation on the copper wire with fire to avoid the difficulty of scraping it off. However, burning rubber is not recommended as it impacts the environment badly and is also illegal in some places.

Photo reference: From Pixabay copyright free image

Looking for Scrap Metals Yard in Dubai? Contact us at www.luckyrecycling.com; we will give you the right quote for your metal scrap.

Last, but not the least, burning the rubber insulation degrades the value your material thus to get good value for your copper scrap by recycling it. Apart from that the habit of recycling scrap metals instead of dumping them in large dumping grounds prevents accumulation of non-biodegradable wastes. These wastes are harmful for the environment and land, leading to its degradation.

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).

 

The Commerce of the World

The markets seem to be looking up, as it had been a very tumultuous phase in the past few months. The metal scrap industry has taken necessary efforts to strengthen it and insulate itself from the global economic slowdown. It has not been very successful in the same endeavor as none of the world markets actually did well in past few months including the IT sector and other industries globally.

This resulted in indirectly affecting every facet of our lives. Also the increasing requirements of developed countries pushed people to recycle scrap metal even more. Some found it resourceful   and exciting while others collect scrap metals to earn a livelihood.

On a global scale, millions of ferrous and non-ferrous scrap is recycled on an enormous scale. By this, one can estimate the potential of metal recycling industry on a global level and the enormity of taking this subject seriously.

Recycling metal scrap is a serious topic as it aims to resolve the issue of rising demands for diminishing resources. It aims to resolve problems related to environmental sustainability and costs. These concerns, if overlooked will only pile up to become huge issues for future generations.

We, at Lucky Group, have a significant role to play in making a difference for the betterment of society, livelihood, and environment. However, we cannot achieve this without the support of all stakeholders. The people need to be informed and public organizations be cautious about selecting their recycling partner. Governments should be encouraged to select the recycling companies after a strict due diligence.

We are Dubai Scrap Trading specialists; contact us for any kind of Scrap Metals Trading.

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).