Showing posts with label scrap metal. Show all posts
Showing posts with label scrap metal. Show all posts

Wednesday, 15 May 2019

How is Scrap Metal Processed


In an era of recycling, it is imperative to have knowledge of recycling process in order to take better decisions of the tools and methods of recycling. The recycling process dealt with here in particular, is scrap metal. 

A scrap metal processing yard where one gives away his or her scrap metal for recycling, chiefly categorize the metals into ferrous and non-ferrous metals. Ferrous (from Latin ferrum, meaning "iron") metals comprised of iron and steel (an iron alloy). Copper, aluminium, brass et al., are called non-ferrous metals.

Scrap metal processing in part entails separation of these types of metals from each other using magnetized tools. A number of wrecking yards allow people to purchase scrap metals for specific purposes. Such a sale occurs only after due separation of the metals. This makes for easier identification of the metal by an interested buyer.

The primary basis of the sale of metals by the wrecking yards is the weight of the scrap metal being sold. Quality of the metal is really not that important in such a scenario. This is because the main concern of the yards is what the metalworks factories give them for selling metal. Metalworks factories purchase metals on the basis of weight.

After proper separation and sorting into suitable divisions, the scrap metal is subject to a number of processes which include cutting, shredding, molding and turn into metal cubes. The metal cubes are then purchased by the metalworks factories that melt the metals for the manufacture of new products.

Saturday, 25 February 2017

Recycle Your Scrap Metals with Lucky Group – Efficient & Profitable

Lucky Group has been in the metal recycling business for more than four decades. It continues to provide the best metal recycling solutions. Suppliers get the best rates for their  scrap metals. Moreover, Lucky Group continues to progress and provide environmental sustainable recycling solutions in Dubai.

Get best value deal

Individuals and industries trust Lucky Group for the best value in return for recycling their scrap metals in Dubai. For your convenience, our locally and family-owned business also processes and trades the metals.

Enjoy customised solutions 

Whether your metal recycling needs is a one-time cleanout or a continuous process, expect us to give you the best monetary value for your scrap metals.

Become a part of the go green generation 

Non-biodegradable metals like copper when dumped in land-fills affect the land’s fertility and its surrounding environment negatively. You can choose to go green and recycle your scrap in an eco-friendly way. Moreover, also get best rates for your scrap.

Your trust is never compromised 

Our experienced professionals will develop an efficient plan that suits your metal scrap recycling needs.

For individual as well as commercial needs, our expert consultants are ready to meet and assist you in determining the suitable course of action based on your consumption and production schedule.

Contact us now for the best rates in the industry.

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, 21 December 2015

Scrap Metal Update: Copper Prices Dwindling?


Hey Scrappers! While you’re busy sorting out scrap metal to sell it to a scrap metal recycle station, we bring an update on current copper prices. This will help you get the right value for your copper metal scrap.

 Copper price update-
Past week saw copper prices move up by a penny or two. Expert analysts’ reports that we have studied reveal copper prices in the impending months to decrease. News are around about one of the largest global copper mining company is going to lay off 85k workers. This represents 60% of their workforce. These events fabricate the global copper market’s diminishing statistics. However, that does not mean you should hold on to your scrap metal, as the prices can further reduce. Therefore, it is better to sell your meal scrap now and earn the moolah out of nothing.

 Other metal scraps price update
Steel prices seem to remain consistent. However ensure that you call up and load your scrap metal in bulk in the trucks. This is because many scrap yards are going to declare minimums for purchase. This means that a particular scrap yard will only accept your scrap metal if it weighs a minimum number as per the scrap yard’s requirements. Now this is a good news too as now you can get rid of all the useless metal scrap at once and earn significant cash in return!
Gold on the other hand has fallen below $1100 per ounce.


All these numbers clearly suggest that metal scrap prices will go down or stay at lower levels in the upcoming months.

Therefore, it is better you sell your scrap metal now and get better returns.

Wednesday, 26 December 2012

Ban on Cash Transactions for Scrap Metal Trade

Due to the increasingly high value of metalin the UK, the crime rate for stolen scrap metal was on rise. The feeble laws surrounding the scrap metal trade, worked in the favour of unscrupulous scrap metals yard owners, traders and recyclers. The administration in England and Wales took up the matter in the House of Commons and passed the new controversial rule. On the 3rd of December, a legislation banning all cash transactions at recycling yards came in to effect. The legislation stated that scrap metal dealers would now be forced to carry out trade via electronic payments or cheque. They would also be required to maintain a record of all transactions and deals made. The legislation also stated that anyone found guilty of disobeying the new statutory law would be prosecuted to the full extent of the law. Offenders would be liable to pay heavy fines or even have their license cancelled. The audit trail that is facilitated by the legislature will lead back to all parties who profit through metal theft.

Amendments to the Legal Aid, Sentencing and Punishment of Offenders (LASPO) Act will mean that all cash transactions for metal at recycling yards will be outlawed.  The new Act also gives the police force the necessary jurisdiction to enter scrap metal yards at will and ascertain whether the ban on cash payments is being complied with. If protocol is found to be breached, the employee responsible for making the payment, the management, and the company that has failed to take reasonable steps to prevent payment being made will be prosecuted.

scrap metal trade, scrap metal dubai

The BTP (British transport police) deputy chief constable Paul Crowther stated that metal theft was a serious threat to the infrastructure of Great Britain and that the outdated legislation has been exploited unscrupulous metal recyclers for far too long.

The British authorities also hope that these measures will have a negative impact on the market for stolen metal as well as illegal scrap metal recycling and that the severe sanctions will deter anyone from metal theft. However, this new legislation cannot function in isolation and will require the cooperation and support of the industry, police and other agencies.