UAE Celebrates 41 Glorious Years of Unity

The sound of joy and cheer filled the air as thousands of happy people came together to celebrate the nations 41^st National day. Even the occasional shower of rain failed to stand in the way of the 41st Sprit of the union.  The Streets were shadowed by a panorama of people sporting the national colours-red, green, white and black.

A variety of entertaining activities were organized by each Emirate for the national day celebrations. The heritage Village in Abu Dhabi hosted a number of cultural activities such as camel rides, hooded falcons and exotic dances to celebrate the time-honoured Emirati culture. Local women could be seen giving cooking displays at the traditional market which also hosted informative sessions on the UAE’s agricultural history. Most vehicles were adorned with flags, stickers and pictures of the UAE’s rulers despite the warnings of fines. The locals of Al Ain visited the Historic Souq Al Qattara that was recently reopened to celebrate the national day while others visited Jebal Hafeet and Green Mubazzarah to see the horse parade.

The Down town Dubai Parade that is held annually attracted hundreds of people who thronged to the Emaar Boulevard on Sunday afternoon. Organizers reported that more than 3,500 people participated in the parade. Also, unveiled at the parade was Mercedes jeep that was encrusted with Dh1 coins.

An enormous UAE flag was hoisted on a 123-metre tall flag pole (7^th tallest in the world) at Sharjah. The ceremony was inaugurated by Dr Sheikh Sultan Bin Mohammed Al Qasimi (ruler of Sharjah). There was also an event held opposite Al Jazeera Park that featured a musical show as well as a march by the Sharjah Police band. There was also an array of cultural dances, multimedia shows, and fire work displays held at the Sharjah fountain.


Many people in Ras Al Khaimah flocked to the streets in their colourful cars decorated with twinkling lights to celebrate the auspicious day. The Fujairah City Centre hosted a number of traditional activities like a Marine songs, traditional dance performances and games. 40000 Chinese lanterns, decorated in the UAE national colours, lit up the night sky at the cornice inn Ajman. There was also a national day celebration march at the cornice similar to the one organized at Umm Al Quwain.

An ambience of patriotism and joy filled the air as the 41^st spirit of the union filled the hearts of the citizens of the UAE.

We at Lucky Group of companies are honoured and privileged to congratulate the leadership of the UAE and our esteemed clients on this grand occasion of the 41^st anniversary of its union.

The Big Picture on the Metal Scrap Industry

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

Given the fluctuating nature of scrap metal prices, it becomes imperative for trading companies in Dubai and other business centers to get their sourcing right. One of the more recent trends observed among Customers and other industry players alike has been the buzz around ‘Commodities’ – a buzz that is only going to grow louder as more and more markets open up to this form of trade. Keeping a close vigil on the various developments in the scrap metals scene around the globe often places us in a unique position, in which it offers us a birds eye view of the ‘bigger picture’.

 

In the current-day scenario, it is the developing economies that are fuelling the demand. Nations like India, China and Brazil are on a rapid expansion phase and subsequently, the demand for ferrous and non-ferrous metals is quite high. Given the various limitations surrounding the mining and processing of fresh ore, it is only natural that the scrap metals industry is rising up to meet this challenge.

As the perennial battle between demand and supply for raw materials rages on, scrap metals markets like Doha, Dubai and Qatar in the Middle East region and the others around the world are sure to feel the effects of these developments. Given the players involved, we opine that the traditional push-pull sequence is going to play out a little differently this time around. We’ll keep bringing you the latest insights and updates on the developments in the industry as they occur. So keep watching this space for more…

Need some relief from those Rising Electricity Bills in Dubai?

Living in Dubai has never been easy. A jewel of the Middle East, it offers its citizens the best of the best. A great place to bring up children and lead a fruitful life, that’s balanced between work and society; Dubai offers a lot to its residents.

But there is one thing that the residents of Dubai have been unhappy with and those are the utility bills. The electricity bills only keep on rising and it is not that DEWA is after everyone’s stack of greens; but just that it is getting rather expensive to provide electricity to the city. There is no way out for residents and commercial establishments alike — you either pay or live in darkness. The weather of the Middle East is not very forgiving either.



There is however one simple way to reduce your energy consumption and that is switching to newer appliances. Newer appliances save a lot when it comes to your power bills by making efficient use of electricity. This happens thanks to the quality copper components that are used in newer appliances leading to lesser wastage while delivering more power. It is wise to buy something new because newer appliances are always built to be more energy efficient. Older appliances will always consume a lot more. Be it a refrigerator or a boiler, newer is always better. Even when it comes to computers, newer processors are designed to consume a lot less electricity while delivering more power.

But don’t dispose that old boiler away in the trash just yet! Once in the trash, these appliances end up at landfills and incinerators where they are either burned or dumped, leading to polluting ground water or the air deteriorating the quality of any one of the two.

Quality copper components come from quality copper scrap from Dubai’s scrap yards and virgin copper from the mines. Scrap which is recovered from older appliances are modified and processed into better quality raw materials for manufacturing newer and greener products. This apart from saving money for manufacturers and delivering greener products at the consumer end also helps save the environment. Recycling copper and other metals from appliances although being a tough job, helps reduce the need for mining and helps manufacturers and brands deliver greener products that have been made from recycled metals.

Modern appliance centres today will even take your older appliances and offer discounts on newer ones encouraging recycling and saving them from reaching the landfills. So what are you waiting for? Take your appliances to your nearest appliance centre and replace them with new ones and see your electricity bills drop!

Every Organisation Can make a Conscious Effort and do their bit to Save the Environment

Every organisation out here in Dubai generates trash or garbage on a daily basis. The bigger the organisation or business, the more will be garbage generated every single day. This so called ‘garbage’ includes a lot of recyclable items. If you happen to work in a hospital, you would know that all medical waste is disposed off or incinerated at a secure location. In the case of a corporate office, an entire day’s worth of trash or garbage can contain, paper, food waste, metal in the form of paper clips, pins, cans from beverage containers, paper mugs from the water coolers, and plastic packaging and printer cartridges from printers etc. In fact there is so much of all of this, generated on a daily basis that bins need to be emptied almost twice a day to keep the office spick n span. In the case of a food business there is a lot more garbage in the form of plastics used to hold food and metal beverage cans that often end up together in trash which reaches landfills.



The environment cannot protect itself, which means that it is definitely up to us to do the needful. Make it a point in your office to do the following and it will make a difference.

• Re-use printer cartridges, print documents on both sides if the document is meant for filing purposes.


• Reduce the use of paper—go paperless if possible. A paperless system helps make documents accessible digitally and enables better transparency within an organisation.


• In the case of plastic cartons and beverage cans, it is advisable to place separate bins for the same helping the waste department deal with them quicker, helping them reach recycling centres and scrap yards in Dubai quicker. This helps get that same can back to the market shelf rather than ending up in a landfill or getting incinerated.


• Try and segregate the so called trash and you will notice that it will pay you back to some extent.
  


• Most scrap metal traders in Dubai will pay you for delivering metal cans in large quantities on a regular basis. The same goes for recycling companies who can make use of paper and plastics generated at the workplace.

If you are a large organisation, it makes sense to tie up with a local recycler and reduce your carbon footprint by doing the same

The Lucky Group is proud to announce the launch of the region’s first-ever Copper futures contract.

Riz Shaban – Commercial Manager of Lucky Recycling accepted the invitation as a Panellist for the press conference held on Apr 19, 2012 to announce the launch of the region’s first-ever Copper futures contract established by the Dubai Gold Commodities Exchange. Following suit DGCX on Friday April 13^th finally launched the trading of copper futures.

Copper being the third most widely-used metal in the world finally made its way to The Dubai Gold and Commodities Exchange in the form of copper futures which until then was traded at a number of international exchanges. The relentlessly growing demand for copper from investors and the industry finally convinced the DGCX into copper futures which they think would be highly attractive to both retail and institutional buyers.

DGCX is an initiative of the Dubai Multi Commodities Centre (DMCC), Financial Technologies (India) Limited and the Multi Commodity Exchange of India Limited (MCX). Their range of futures contracts offers participants of the physical commodities markets, such as producers, manufacturers and end users, with a sophisticated means of hedging their price risk exposure.



The Lucky Group of Companies has been on the forefront when it comes to scrap metal trading and recycling in the Middle East. With their headquarters in Dubai, UAE and recycling facilities in Dubai and Qatar; secondary aluminium alloy plant in Jebel Ali and an international trading office in Toronto and Shanghai, they strive to achieve a stronger presence in the Middle East with their sight set on the global market.

Recycling Is A Must For Every Modern City

The Middle East has grown both economically and culturally in recent years having very modern cities like Dubai. As our cities grow and move towards a brighter future, so does the population within it. Having a moderately populated country is a must these days it helps in improving the national income of every country as a whole.

But along with such a boom both economical and cultural also comes the question of waste disposal. Waste disposal here is not an issue the issue here is about recycling. How many of us in Dubai actually make an effort to recycle? The effort lies in not dumping all the waste together but in segregating it. It is not a difficult task to follow and one can accomplish such a task by simply having different bins for different items right in our homes. Once we begin to follow such a regime, it becomes a part of our daily lives and works for the betterment of our own future.

The same trash that we segregate at home follows their individual paths into recycling plants and then they take up the tedious job of processing and providing scrap back again into raw materials for manufacturers. Scrap metal recyclers like Lucky Recycling, a division of the Lucky Group Of Companies have done a great job in taking care and helping in the problem of disposal of metals in Dubai. 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.

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

Image Credit: ecopicoftheday.com

Infinite Recyclability

Infinite recyclability refers to the ability or characteristics of a metal to get recycled or reused repeatedly without any degradation in quality. Few metals have such qualities namely steel aluminum and copper. The good thing about these metals is that recycling such metals helps save the environment. This is possible by reducing the amount of energy and the number of chemicals used during the recycling process compared to the vast amount of energy and mining required to produce fresh metal. The important factor here is recycling which helps in reducing the waste in the scrap yards, which is the result of the products losing their value after the completion of their life cycle.

On the bright side, metal recycling is gaining a lot of importance one due to the government policies being issued on manufacturers and two, the benefits and cost-effectiveness of recycling compared to traditional mining. Steel is one of the most widely recycled metals with supplies coming in from construction, automobiles and appliances. The reason why steel is ahead of other metals is because steel recycling commenced a long time ago as compared to aluminum. Aluminum on the other is mainly sourced in from the food industry, now automobiles and also the recently the construction industry. Aluminum cans are recycled in the millions everyday, its no wonder experts say that an aluminum can gets back on the shelf just 60 days after it was discarded and that too by just consuming 5% of the energy it takes to produce new aluminum. Copper known for being highly malleable and ductile and an excellent conductor of electricity has found applications in a wide variety of industries and products.

Lucky Group is a leading scrap metal dealer in Dubai. They provide only the best quality scrap metals through transparent business dealings to their customers in the Middle East and China. Lucky Recycling handles the companies scrap recycling interests, while Lucky Alloys takes care of aluminum alloy manufacturing in Dubai. To know more about the Lucky Group of Companies kindly visit, www.luckygroup.com

 

How Is Steel Recycled?

Steel is an alloy that is made up mostly of iron ore and carbon. The amount of alloying elements used in the production process results in the changing qualities of steel. However, today most of the steel produced is by recycling containers, automobiles, steel cans, parts of appliances and construction materials. The fact that the steel industry has been recycling for the past 150 years is good enough to call steel one of the most recycled metals in the world today. The best part about recycling steel is that it does not lose its physical properties during the process of recycling, moreover the energy consumed to produce recycled steel is just about 25 percent as compared to that of making fresh new steel.

Producing virgin steel is a long and lengthy process which involves the mining of iron ore and then using the ore in the production process along with huge amounts of other chemicals and along with a vast amount of energy. There are two methods by which recycled steel is produced both of them are different because the output material has different applications. The first process and type of steel is called basic oxygen steel making or BOS steel which utilizes about 25 percent of recycled steel to produce new steel. Such steel is usually more malleable built for cold working applications, such as tin cans, automotive parts such as fenders etc. The second process or type is called electric arc furnace or EAF steel. In this process the amount of residual elements is greater compared to that of BOS steel making it less malleable due to which it is to make steel beams for construction, plates as well as reinforcing bars.

Lucky Group’s recycling division Lucky Recycling takes care of the industries primary recycling needs, one of which is steel scrap. The steel scrap at Lucky Recycling is carefully chosen and processed in packages to give to their customers only the best quality. Lucky Group is one of the leading traders in ferrous scrap and stainless steel scrap in Dubai. To know more about the Lucky Group of companies kindly visit: www.luckygroup.com

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Corporate Social Responsibility At The Lucky Group

Corporate Social Responsibility (CSR) is a self-regulated mechanism which is integrated into the company’s business model. Having this mechanism sets in place rules, which makes the company responsible for its own actions and also promotes a positive atmosphere within the company. It also improves the firm’s image in the eyes of the public. Some argue that CSR is just an external image that a company puts forward in an attempt to avoid certain responsibilities that a company should be resolving when it’s actually not. But the bottom line is that a CSR of every company has been titled to aid its mission. This mission guides the company which technically makes it a win-win situation for both the company and the public.

Corporate Social Responsibility at Lucky Group of Companies, helps them convey to the masses their reputation for honesty, integrity and high moral standards. Lucky Group being recognized and reputed in the scrap metal recycling business, takes every measure to ensure that they provide an accident-free workplace and an active community service cell. Along with reduced pollution practices they also ensure a transparent working environment. The company also complies with country and territorial laws in terms of business activities.

Lucky Group is recognized for scrap metal recycling and aluminum alloy manufacturing in Dubai. It strives to maintain better business relationships by providing superlative quality during production and sincerity in business dealings. Their strict self-regulations in terms of the environment help promote an environmentally-conscious organizational culture.

To know more about the Lucky Group follow them at http://www.luckygroup.com/