How recycling helps in reducing the cost for the end consumers?

Photo reference: Copyright-free images from pexels

Recycling initiatives are in the best interest of all parties involved. In companies, recycling provides a positive example for workers and local companies as well as lowers the carbon footprint of a firm. 

Recycling is also a huge contributor to global warming initiatives as it is known for its environmental advantages. In cities, the rapidly ever technologically evolving scrap metal recycling companies in Dubai are creating employment and supporting economic growth.

Moreover, recycling saves a lot of money for both businesses and consumers.

Firstly, recycling metal scrap saves money by lowering manufacturing costs. Secondly, construction of products using existing metals transported to the Dubai scrap yard, particularly removing the need for mining or producing new raw materials, offers a variety of savings benefits. Lower production costs assist in reducing pricing.

Moreover, in UAE, Dubai is constructing the Dh2.5b waste-to-energy plant for up to 120,000 households. (https://www.khaleejtimes.com/kt-for-good/you-dump-25kg-of-garbage-daily-where-do-you-think-it-goes)

Sharjah is also developing an energy waste facility that will discharge 300,000 tons of garbage from sites every year. (https://www.khaleejtimes.com/kt-for-good/you-dump-25kg-of-garbage-daily-where-do-you-think-it-goes)

How does it Save Money?

One approach to recycling is to reduce expenses throughout the production process. If recycled scrap metal were not accessible, it would be much more costly to produce these items. The requirement to develop new materials from raw materials minimizes the need to recycle materials, which enables us to save raw resources in the case of non-resistant recycled metals. This contributes to lowering commodity prices.

Even though the monetary returns on household metal scrap may be on a lower scale, we make a significant impact each time we recycle our household items like bottles and aluminum cans by contributing towards a good amount of energy savings. Also, if we do not recycle it, the cost of aluminum, copper, iron, steel, etc. would be exorbitant.

Is recycling saving money for those who buy recycled material from centers of recycling?

Recycling companies can resell and process the metals they get. Scrap buyers in Dubai then buy recycled materials utilized in a wide range of goods. 

After collection, recyclables get transferred to a recycling plant for sorting, cleaning, and processing materials for manufacturing purposes. Like raw resources, the pricing of scrap metals is dependent on supply and demand in Dubai and throughout the globe.

So, it is pertinent to recycle at every level for not only environmental but also economic causes.

Benefits of Recycling

Less Energy Consumption

In manufacturing, a great amount of energy for processing raw materials. For the sake of big-scale manufacturing, for instance, mining and refining play an essential role in decreasing energy usage.

Recycling also makes the entire production process less costly, a huge success for businesses.

More Cash

Cash exchanged with scrap materials can be beneficial. So you not only preserve the environment but get money in exchange if you sell scrap materials.

They are less expensive when you buy recycled materials and you will also save money. You will make and save more money if you repurpose part of the waste your household creates.

Conclusion

A person can wisely undertake substantial recycling efforts. To an extent, knowledge of the impacts of recycling may provide immense advantages to individuals and the environment if successfully carried out.

 

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 a warranty of any kind regarding the completeness, accuracy, and reliability of the information included in the article(s).

How does the Covid-19 pandemic herald Green Recovery?

Photo reference: From pexels copyright free images

Millions of people have been afflicted by the Covid-19 epidemic across the world. It posed a challenge in every aspect of life. Lower levels of air pollution, cleaner sky, and better air quality were witnessed worldwide as a result of this mayhem that engulfed the Earth.

According to the UN environment report, the ‘Green recovery’ can be a step towards slowing down the inevitable extreme climate changes. While the planet has still headed towards a rise of 3 degree Celsius in this century, however, a notable change in climate has been experienced worldwide. The UN report suggests that this will bring us closer to the goal of 2-degree Celsius mentioned in the Paris Agreement. The main reason being the reduction in greenhouse gas emission. If successful, the measures might result in a 25% reduction in overall emissions by 2030. (source: https://news.un.org/en/story/2020/12/1079602)

Under-stress species of animals and birds have been thriving in these times in the cities that are otherwise dense with air-pollution. The lockdowns imposed have given the planet a chance to undergo healing. However, as these restrictions are being lifted, the recent changes are being sadly reversed. 

This must cause us to stop and consider a critical question: Could Covid-19 pandemic give Green Recovery a chance? And if yes; then how?

As a part of Covid-19 recovery plan, countries must make investments in climate action plans. Choices made by the government must be holistic and must include comprehensive systematic changes that work to achieve a future that is not only sustainable, but also economically feasible. Burning of fossil fuels is a major cause of hazardous air pollution. Renewable energy consumes lesser resources and operates in a more decentralized fashion. As a result, one of the world's top objectives should be to invest in renewable energy initiatives. More efforts should be made to encourage the production and use of electric cars.

Changes in consumption habits in both the private and public sectors will aid in climate replenishment. For example, replacing domestic short flights with rail travel, promoting environment friendly transport modes like cycling, car-pooling, making houses more energy efficient, and reducing food and packaging wastage.

Countries facing the second wave of Covid-19 and the ones recovering from the devastating first wave are looking towards Green Recovery as the pandemic recedes.

Recycling resources at hand ensures reduced processing, manufacturing, and distribution efforts; not to mention – disposal after a product or commodity is no longer in use. Recycling companies in UAE can contribute significantly to green recovery. Scrap companies in Dubai ensure that the discarded metal is recycled efficiently rather than ending up in landfills. Recycling scrap metal reduces mining for virgin metals and significantly reduces the emissions that are the result of processing. 

Lucky Group prides itself in being one of the most efficient and environmentally-conscious recycling companies that strive to realize its goal of making our planet a better place with continued efforts.   

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).

How E-commerce is transforming the B2B Sector ?

 2020 may be watershed in the entire history of e-commerce due to the Covid-19 pandemic. The year leading up to now has witnessed growth in online marketplaces and delivery services. The pandemic prompted a race to migrate operations online and, companies that invested in digitalization had the upper hand.  

Photo reference: From Unsplash copyright free images

Owing to growth in e-commerce, B2B business relationships have started to undergo speedy transformation. B2B sector relied on face-to-face interactions to gain and retain clients. It also has a complex and lengthier sales cycle. The orders are customized, placed in higher volumes, and involve bigger transactions as compared to B2C. Despite all the difference, B2B customers expect the same user experience as B2C customers, viz. user-friendly platform, ease of access, quick check out, and secure transactions. 

Artificial Intelligence (AI), Internet of Things (IoT), and Data Analytics have been used in commercial ecosystem. In the recent times, these technologies have been integrated into production and supply chains. B2B companies have also been able to build resilience by integration of platforms and services rather than the previous linear approach. 

However, for the successful transition, a B2B business has to overcome some key challenges. 

1. Infrastructure 

Availability of infrastructure determines which business and regions will better adapt to the transformation and possibly emerge as leaders. 

2. Logistics 

The pace of orders placed in a B2B environment is faster via e-commerce. Hence, the business must be equipped to keep up with the logistical requirements. The deliveries must be speedy to encourage customer adoption. 

3. Building trust in integrity of the e-commerce system 

This might be the most important task of all. For a B2B business that hasn’t operated on an e-commerce platform, building trust of its clients in the integrity of the system is very crucial. 

The on-going pandemic has fast-tracked digital transformation creating a golden opportunity for B2B businesses. The ball is now in the court of B2B businesses to make the most of it. Lucky Group is a leading name in Dubai scrap trading, a trusted name amongst the varied recycling companies in UAE. It is also one of the most prominent suppliers of recycled metal to businesses in the country. It has committed to digitizing their models and deriving more competitive advantage than their slower-moving peers.

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).

What affects the value of Scrap Metals?

Anyone involved in metal recycling is aware of fluctuations in its value. In this blog, we want to shed light on some factors that may affect the value of scrap metals. 

Production and Energy costs

The cost of energy and production has a significant effect on the price of scrap metal. These include cost incurred for gas, oil, and other sources of electricity. If the costs of processing are high, the price that is offered for scrap metal may drop to make up for the difference. 

Supply and Demand

Just like any other commodity, the demand and supply make an evident. 

Photo reference: Pexels copyright free image

Quality and Quantity

The value of scrap is highly dependent on the quality. Scrap metals covered in corrosion or insulation would not bring the value as much as clean, high quality scrap metal would do. 

Imagine trading a pound of aluminum cans vs trading a truckload of aluminum scrap. Obviously, the truckload will fetch you more revenue. If the scrap buyers in Dubai get more scrap metal with lower overhead, including a lower number of transactions and transportation, they can offer a higher price.

Location

Most of the times, the scrap metal is not fully processed at the Dubai scrap yards. The scrap is transported for further processing. If the processing location is farther from the scrap yard, it will affect the overall costs, thereby reducing your profit margins. The buyers may also consider the transportation cost into the prices they offer for the scrap metal to protect their individual profits.

Price of Virgin Metal

Virgin metals are those metals that are newly mined and have not ever been used, recycled, or processed. If virgin metals are expensive owing to the energy and production costs, supply and demand; scrap metal becomes more valuable as an alternative. Similarly, if the virgin metal prices fall, scrap metal becomes less essential and industries can afford virgin metals.

International Commodity Trading

With countries getting more active in the industry, foreign market fluctuations influence the value of scrap metal. India and China, for example, deal with very large quantities of scrap metal imports. In case the economy slows down, scrap metal prices can take a hit as well. It is important to keep an eye on market trends to determine the right time to trade scrap metals to get the maximum value. 

Lucky Group is the leading metal scrap buyer in Dubai and one of the largest recycling companies in the U.A.E. The company has spearheaded recycling initiatives to build a sustainable future for the planet. We guarantee the best value in market for the scrap metal.

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).

 

Is Disposing Trash in one bin Cheaper than Segregating it?

We are sure this question must have popped up in your mind at least once; “is it really worth segregating all my trash?” If you love the environment, then you probably would not need a valid reason. Else, if you are one of those who would simply recycle because the law forces you to, then this thought would have definitely come across your mind, every single time you sat down to segregate your daily trash.

Recycling can be simply defined as the process in which used materials can be processed into new products to prevent the waste of the remainder, while reducing the consumption of virgin materials for producing other new products. Simply put, it is environmentally good to recycle. “But isn’t disposing trash together in one garbage bag cheaper?” one may ask.

Just in case you are not aware about this, but it is a fact that landfills, worldwide are filling up—and fast. The worldwide population is rising to unprecedented levels and there is no space to get rid of the trash that we generate on a day-to-day basis. This is where we come back to your question; to which the answer is a big ‘NO’. Governments and municipalities worldwide are paying large sums of money for getting rid of humongous amounts of waste into landfills. 

Some people would say “why don’t we simply sort things out instead of dumping them in and then sorting everything out?” well that is because we as human beings lack the initiative to do the same. If all of us segregated our trash there would be no need to open up landfills as only organic waste would land up in there. Governments spend enormous amounts of funding on garbage recycling facilities only because the people would simply refuse to segregate different types of recyclable items thus they do find their way back to the Metal Recycling companies in Dubai for their valuable waste metals.

Recycling at home, kills the problem from the root, segregating trash at its origin; and is right about the best thing one can do to save this planet. After all it is we who are stuck here on the third rock from the Sun; and there is—as of today—no other place to go.

Urban miner, the Lucky Group’s experience and association with multiple countries in the Middle East helps the environment in getting rid of all the scrap metal while reducing the need for mining which damages our beautiful planet. Lucky Recycling is known for metal recycling and giving the best product out of it also it is an active and conscious body that provide help not only to the surrounding market but also to the international market.

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).

 

THANK YOU FOR THE LESSONS, 2020.

 The year 2020 can be defined as overwhelming, unexpected challenging and uncertain due to aviation accidents, celebrity deaths and various natural disasters including the COVID-19 pandemic faced by billions of humans around the world.

COVID 19 pandemic has hit economic activities globally, thus metal recycling companies in Dubai 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 Scrap metal yards in Dubai. 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. If you want to know more about will the metal recycling business be able to pick up the pace once again after the pandemic read this blog post http://blog.luckygroup.com/2020/11/will-metal-recycling-business-be-able.html

However, despite its devastations and disappointments, the year has presented some valuable opportunities for learning and growth, and these takeaways should not be forgotten as 2020 rolls into 2021. 

2021 is expected to be the year which will transform the world into a new direction of advancements including our, technology, science and business sectors.  

So, let us prepare for 2021 by following these useful tips:

• To have plans and realistic goals in order to adjust to ever-changing circumstances as they evolve.
• Focus attention on possibilities and opportunities instead of worrying on things which are not in your control.
• Our mental health is strongly influenced by our physical health so be grateful for what we have.

As this year comes to an end, we at Lucky Group and scrap metal recyclers Lucky Recycling would like to take this opportunity to wish all our colleagues, staff, associates and clients a happy and prosperous New Year 2021.

May the coming year bring you health, wealth, peace and joy. We look forward to working together with you in the New Year.

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).

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. 

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).

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).

Trends in aluminum recycling, sustainability and tips

Aluminum is one of the most commonly used metals in households as well as in industrial sector. Aluminum is very light, malleable, durable and resistant to corrosion. These characteristics make aluminum a versatile metal with high demand in market. 

The contribution of the recycled aluminum globally is estimated to rise to 40% (source: https://www.cleantechloops.com/recycling-aluminium/) by the end of 2020. Aluminum products contributes towards modern living. Aluminum is used extensively in houseware and kitchenware. Be it the framework of doors and windows, utensils or other items in use at home, all of these have some components of aluminum. 

Owing to its extensive use in food packaging, households can contribute towards recycling aluminum at grass root level by segregating them from other waste materials. Pharma companies use aluminum for medicine packaging on a large scale. These two examples operating on two very different levels can contribute towards sustainability by selling the aluminum waste to scrap buyers in Dubai. Aluminum does not degrade or alter during the recycling process. It is also an economical option since recycling the aluminum only takes 5% (source: https://www.cleantechloops.com/recycling-aluminium/) of the energy required for making primary aluminum. 

With heavy metal as well as medium and small industries growing in the economy, the consumption of aluminum has also risen over the years. Industries have increased the use of recycled aluminum because recycled metal is economical with no deficiency in quality. In fact, during the recycling process, more and more alloying elements are introduced into the metal cycle. 

As the consumption of resources is growing, the need for sustainable waste management has become imperative. Aluminum, with its multifaceted use, is of extreme value to metal recycling companies in Dubai. Scrap metals in Dubai have a large market because the industries and the households are steadily beginning to favor recycled aluminum products over the primary aluminum. One of the major reasons behind this hike in utilization of recycled aluminum is it being cost effective. 

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).

Future of Circular Economy Post Covid-19

The Coronavirus pandemic has brought economic activities across the globe to a grinding halt. Policies are being streamlined to recover from the economical crisis in the aftermath of COVID-19. In these circumstances, the circular economy has immense potential to accelerate due to its budget friendly practices. A circular economy is an economic system that aims at reduction of waste and saving natural resources. The circular economy is set to grow exponentially after the pandemic as diverse tools for stimulating the economy will be developed. 

   

The prime objective of circular economy is eliminating waste and promoting recycling with its regenerative approach. Households should adopt recycling instead of discarding old objects for an efficient waste management. The impact of Coronavirus on jobs will most likely unbalance the budgetary plans of household. In light of this, instead of discarding used metals, households can generate income by trading scrap metal. 

Industries and businesses too shall be hit by the disrupted economy. They will need to cut down their expenses while ensuring that the production continues. Industries should use recycled metal instead of extracting new metals. Acquiring new materials is an expensive process when compared to acquiring used materials. The recycled metals are economical. They also do not compromise quality of production. Ferrous scrap in Dubai has a high demand because of its myriad uses in construction and automobile sectors. There are many buyers of copper scrap as recycled copper is extensively used in heavy metal industries. Recycled aluminum has great use, may it be in industries or a humble household. 

The end product of metal recycling companies in Dubai will have greater presence in market as recycled products cost lower and the retains its quality. 

Lucky Recycling of the Lucky Group employs advanced and Eco-friendly techniques to recycle metallic waste. The many benefits of recycling will give a boost to the circular economy from grassroots level. A growing circular economy will significantly diminish waste production and lower the levels of greenhouse gases emitted during production or processing of new metals. With high affordability and benefits to environment, recycling generate value from waste. Being the need of the hour, circular economy will definitely flourish after the coronavirus and increase the environment sustainability. 

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).

COPPER: ONE OF THE MOST IN-DEMAND METAL

Copper scrap is one of the most in-demand metals across various industries and looked upon as the most profitable metal scrap. It’s because copper is widely used across many industries. Mining copper from copper mines requires lot of resources. Industrialists, therefore, choose to use copper scrap for industrial purposes.

Photo Source: Copyright free image from pixabay.com

The recent Coronavirus outbreak started spreading around the world in Q1 hitting in most countries strongly affecting the global economy at highest negative levels in recent history which significantly affected the metal recycling companies in Dubai as well.

In past few months, if you observe the copper prices plunged to their lowest level since the coronavirus pick up the speed in affecting the major parts of the world.

Expert analysts’ also report that they have studied and found that copper prices in the impending months will decrease further. However, that does not mean you should hold on to your scrap metals. The prices can further decline but it has also seen a rising turnaround during the mid-April, 2020. Several countries gradually taking measures to reopen their economies like China who shut down its production lines and implemented virus containment measures now starting to get back to work but at the same time rest of the world is still in lockdown and awaiting for new normal life return back to normality.

It is crucial to observe how coronavirus curves shapes at the second quarter of the year. Therefore, it is better you sell your scrap metal now and get returns from buyers of copper scrap.

Dubai scrap trading provides the best services in collecting your copper scrap of different grades. The habit of recycling scrap metals instead of dumping them in large dumping grounds or waste disposal skips prevents accumulation of non-biodegradable wastes. These wastes are harmful for the environment and land.

To learn more about the best sources of copper, please click at below link http://blog.luckygroup.com/2016/06/what-are-the-best-sources-of-copper-scrap.html

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).

Recycling Efforts - One step forward to help Individuals, Businesses, and the Environment

Countries should adopt best recycling practices to reduce their carbon footprints and landfills. 

You might have heard about the term “Bartering”.  It is a simple method of exchanging goods and services. 

Photo Reference: Copyright free image from PIXABAY

It is an effective option to streamline recycling process for a holistic waste management. Barter system was the main method of transaction in ancient times. However, the concept of monetary transactions and different methods of trading’s evolved but still the barter system can be observed like street hawkers giving metals utensils in exchange for old clothes or plastic, housewares or exchange of newspapers.

Many NGO’s are serving community through working on projects where they give back to the society locally green fresh good in exchange of collecting waste scrap items from them like aluminium cans, newspaper, cardboard, glass or electronic waste and selling it to local scrap dealer.

Some of the schools are giving awareness by encouraging students to deposit recyclable items to improve the infrastructure of the school in exchange of canteen coupon. 

Actually, the idea is to raise awareness among individuals the impact of recycling in building healthy environment.

Bartering can go up a notch and be practiced on a larger industrial scale as well. People should not discard metal made objects. Instead, they can sell to Recycling companies in UAE.  

Scrap buyers in Dubai then further recycle the scrap metals for various purposes.  Using scrap metal instead of new metal is economical to industries and it reduces extra cost. Thus, money is saved and enhances businesses and serves the community. 

Lucky Recycling; a part of Lucky Group, ensures environment sustainability and generates value from waste. To find out more about the wide range of recycling simply contact us today.

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).

Have an old car that nobody wants?

Recycling Mantra - Contributes towards sustainability and ensures optimum usage of resources.

So you ended up keeping and maintaining that old car over the years, but now with the new emission norms, it can no longer be driven. That old beauty which you have used down the years has now turned into a beast of burden that nobody wants to buy.

A lot of car lovers get stuck up in such situations where they simply cannot get rid of a vehicle. This can happen over time because they get too outdated or because their maintenance costs increase to a level that they become too expensive to own. Rising fuel costs are not too helpful in such a situation either.

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The next best thing that one could do is find another owner or let it just lie there in the parking lot getting covered in dust. After a couple of months, such vehicles eventually end up getting scrapped at the junk yards.

What does one do? If you love the environment, the best thing you could do, is to take your vehicle to a car recycler. Car recyclers are not scrap buyers in Dubai! They are a team of field experts who would disassemble or shred your car completely, in a step-by-step manner. They would either quote you a lumsum price for your car or give you a price for the different parts individually. 

This helps the environment by not discarding the entire car, with all the lubricants, and oils intact, which eventually leak out (including toxic substances from batteries) and damage the environment. Additionally the car owner get better value as well that helps channel the various metals that can be used and helps them reach scrap metal yards in Dubai. 

Metal scrap companies in Dubai would then segregate the ferrous & non-ferrous scrap metals and re-process them into raw materials suitable for various industries around the world  or melt them into ingots which gets delivered to manufacturers; eventually reaching the production line as a new product.

So the next time you know someone who is about to junk their car, tell them what they could do to help save the 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).

Are Rare Earth Metals Important to Recycle?

In today’s world, automobiles and electronics seem to be a very crucial part of one’s life. With the advent of technological progression, one has become more and more reliable to these consumer goods. 

Often, we neglect a group of elements called rare-earth metals.  Their unique magnetic, heat-resistant and phosphorescent qualities make them essential in production of daily used products like electrical, smart phones, LCD TV displays, cars engines, cameras, and other technology which require rare-earth elements to function.

Most often these products are taken for granted and can be seen in bulk quantity in Dubai scrap yards. Although they are pivotal in the appliances we use every day.

Rare-earth elements also have a significant burden on the environment. Processing these metals are not only difficult but hazardous to the environment when its extract.  

Presently, the main roadblock to recycling rare-earth metals is the cost required to purify the mixtures obtained from consumer devices. 

Though scientists are still researching ways to recycle rare-earth metal, one way to approach is to reuse the old electronics and reduce the demand for the rare -earth metal.  

So, it is advisable is to invest appropriately in the products that contain rare-earth metals to protect the environment the environment. In times like these, metal recycling companies such as Lucky group that manages their facility to protect the environment and spread awareness about harmful impact on  human life.