How Are Scrap Metal Prices Decided?

People around the world are realising the returns scrap metal recycling gives to the seller of metal scrap. Do you have copper wires, cans, aluminium components and other similar junk at home? It’s time you approach a nearby scrap metal recycling company which has all the correct equipments to determine the correct prices of your scrap metals and sell your scrap for decent money. However, it is always good to understand how the scrap metal prices are determined.

Commodity Market Prices

The market fluctuates daily which affects the prices of commodities. Having a know-how of the commodity market updates, lets you determine how much value should you get for your scrap metal basis which metal category it falls in- iron, copper, or aluminium.

Scrap Metal Condition

If your scrap metal is corrosion free and clean, the scrap metal yard is likely to pay you more than if it is rusted, dirty or tainted. Hence, ensure you clean the scrap metal before taking it to the yard.

Competition | Scrap Metals Doha

This section points to the number of scrap metal yards present around your location. If there are more number of scrap metal yards then customers get a fairer price on their scrap metals as many dealers vie to give a good deal.


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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).

Different Uses of Scrap Metals

Scrap metal worth millions of dollars are used for different purposes globally. Whether they are ferrous or non-ferrous, scrap metals from iron to aluminium to copper can be used repeatedly in their life cycle.

Scrap metals are used for important purposes

Iron scrap which is extracted from sources like appliances, architectural structures, construction sites, cars, vehicles, and bridges are further recycled and used for various purposes. Iron scrap is used in internal parts in the manufacturing of automobiles. It is also used in the construction of aircrafts for various internal components and other parts in the transport and logistics chain. It is also used in the manufacturing of many materials like tins and cans. Using iron scrap helps to preserve the limited natural resources of this planet.

Another important scrap metal, aluminium, is also used for many commercial purposes and sectors like construction, packaging, consumer goods and factories.

Why industries are using scrap metals?

Scrap metal retains the original properties of the metal. So aluminium scrap or copper scrap or iron scrap has the same properties as its primary form. Hence, using scrap metal for different purposes than the primary metal is cheaper and also helps in the conservation of scarce resources. Hence, industries prefer recycled metal scraps as they can be bought at cheaper rates and used for similar purposes.

Globally there is an increase in the use of scrap metals which has accelerated the growth of metal scrap industry. This has paved way for many environmental benefits apart from added revenues for countries.

We are a Scrap Metal Qatar company dealing in recycling of many ferrous and non-ferrous metals.


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Do Your Part By Recycling Scrap Metals

We generate a lot of things that can be recycled, but rather are just dumped. And materials like plastic and metals pollute the surrounding environment. What comes to the rescue? Recycling. The process of recycling is important considering the world we live in. When you recycle materials, you help manage to save energy, resources and avoid waste generation that pollutes the earth.

Scrap metal accounts for 8% of all recycled items

Metals like scrap copper and aluminium, accounts for 8% of overall recycled items. Recycling such materials greatly help in reducing the resource-burden and costs required to produce raw materials.  The also reduce the impact caused during production of raw materials like metals, which have a negative impact on the environment.

Moreover, recycling industry provides employment on a large scale. Also there is no upper limit on how many times you can recycle, renew and reuse a metal.

Recycle and earn

The practice of recycling scrap metals starts with you. You can recycle redundant metals and earn money instead of throwing them into trash. This practice not only helps people earn money but also protects environment degradation due to harmful metals.

If you want to recycle scrap metal, you can get your items directly to our Scrap Metals Qatar facility. We ensure that you get optimal value for your scrap metal and the assurance of environment-friendly recycling processes being undertaken aligned with the standard practices.


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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).

Why Recycling Your Old Battery Metal Scrap Is The Best Option?

Throwing your batteries in usual recycling bins or public trash is harmful as they consist of highly toxic elements. Such disposed batteries contain scrap metal elements like lead and mercury that contaminate drinking water if left to deteriorate in a landfill. So what is the solution? Recycling battery scrap metals.

Recycling Household Batteries

Usual household batteries can be recycled at scrap metal yards that accept them. Recycling batteries give two benefits. One, you prevent environment degradation that leads to consequences like contamination of food and water when disposed in trash. Two, you earn money by recycling redundant metal scraps like batteries. So it is a win-win for you.

Tips to get good worth for old batteries and for safety-

• Store the dead batteries in dry places that cannot be accessed by kids.
• Store batteries for recycling with tapes wrapped over their ends. This prevents acid leakage from batteries which is dangerous. 

Recycling Rechargeable Batteries

Use of rechargeable batteries is a good thing as it decreases the amount waste and energy that is produced during usage and manufacturing of new batteries. However, rechargeable battery metal scraps have more toxic substances. Hence, it becomes even more important to have these recycled at scrap metal yards than dumping them in landfills. Similarly, you can recycle old car battery metal scrap.

Do you have lots of metal scrap that occupies your space at home or office? Our Scrap metals Qatar team will help you recycle all the old and useless metal scrap you have for a good return as well as make your home and office spacious. Contact us now!

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Where To Look For Common Recyclable Metal Scraps?

Taking the decision to recycle metal scraps is a good one only when you have something to recycle. Do you want to prevent the time of finding metal scrap? Then you need to know where the common recyclable metals are found. Below is a list of whereabouts of common recyclable metal scraps.

Copper- This non-ferrous metal makes up various appliances and machines including electrical wiring framework. Is that AC been behaving badly lately? It’s time to replace it with a new one. But not before getting a good price for its copper content. You will even find many plumbing pipes containing significant copper.  So whenever you feel they’re as good as nothing, remember to get some moolah out of the good old Copper scrap in Qatar.

Aluminum- Aluminum is found in materials like roofs, windowpanes, doorknobs, fridge, bulbs (yeah, you often forget this one, just throwing away the bulbs!), and door knobs (This one too!). You will also find lots of aluminum in building and construction fields.

Stainless Steel- This is another metal that is easily found is 100% recyclable. You’ll find this metal a part of many industrial armaments like cars, bridges, and buildings. Since it exists in abundance, small amounts of this metal scrap won’t get you much money. Steel is also easily traceable in items like washers, dryers, kitchen appliances, tables, lamps, cutlery, trash bins, swivel bins, and other office and home furniture.

Concluding tip-

Sometimes you realize that items which could have been resold or auctioned off goes into the scrap dump. As a result, you lose the monetary value. Too prevent this, simply click a photo and conduct research comparing its re-sell values vs the scrap return. And then you’ll make a wise decision.

Scrapping Cans To The Scrap Yard

Canisters are really difficult to wave off. You need to know some tips on how to prepare the food and drink canisters for the scrap yard.

Organizing canisters for the scrap dump 

• Rinse the cans thoroughly. The scrap yards wouldn’t want food particles to be see over the metal you are selling.

• Crushing the cans have become a common behaviour with people. When your done gorging that delicious tuna or sipping the juice, you are most likely to crush the can. Try not crushing them if you are going to take them to the scrap dump. It is because the scrap yards would like to see the cans empty as they are with no litter inside the cans. 

• Categorize the canisters. Start with sorting steel canisters vis a vis aluminium. You can use a magnet to separate aluminium from steel. 

Collecting canisters

Collecting canisters is an activity to be executed with care. When you collect cans remember to ensure yourself you know the place thoroughly before collecting the cans. So if you want to collect cans or other scrap metal from a commercial or residential area, be sure to take permission from the concerned authorities and staff. It is important to know that intruding in an area to even collect metal scrap is prohibited.

Conclusion-

Some scrap dumps may not accept your food canisters as they may have certain limitations. The scrap yard may require the food canisters to be washed properly and or disavow them due to being crushed even slightly. Hence, ensure you follow the above tips to have the scrap yard accept your Aluminium Scrap in Qatar.

Recycle Your Farm Scrap And Earn Good Money

“All the old junk is new money.” I am beginning this article with the said line as farm scrap forms most of the junk yard. “Where do I keep my new skate board? There is no space in my garage!” However, you forget to notice that most of the items in your garage are useless. Like the old mower, those beaten-up tractors and other repair scrap metals. After reading this article, you will know how you can earn good money by selling farm scrap.

Scrap metals are source of easy money
 
Consider Qatar for example. Scrap Metals Qatar is a category that receives an optimistic outlook from the world for its booming scrap metal industry. It exports scrap metals like copper scrap in Qatar, and aluminum scrap in Qatar to countries like Turkey which is one of the world’s largest importers of scrap metal. Also countries like Japan are importing large quantities of scrap metals Qatar. All this is good news for the avid farm scrap collector and a sign to sell you old farm scrap and earn good money.

What all you can sell as farm scrap?

Below are list of farm metal scraps you can spot in your garage and sell to earn good money with which you can bring in new and agile farm equipment to increase productivity.

• Reapers
• Portable engines and ploughing tools
• Traction engines
• Steam tractors
• Old agricultural engines
• Threshing machines
• Winnowing machines
• Drag harrows
• Tractors and tractor parts
• Extra metal from old repairs
• Tubular steel
• Plate steel

Having trouble carrying the heaviest farm Metal Scrap to the scrap yard? Contact us will manage that for you and help you earn maximum for your Metal Scrap.

Scrap Cost Update: Aluminum Price To Rise?

Hey  Scrappers!

We bring to your notice the status of scrap metals Qatar prices. So whether it is the price of copper scrap in Qatar or Aluminum Scrap in Qatar, you will get all the price updates here.

Copper to bounce back in early 2016?

The price of Copper Scrap in Qatar is very much dependent on the price of copper itself. So analyzing the trend, copper prices have been low for the past few days which is a nice thing. It’s a nice thing as it leaves room for copper prices to rise in first half of 2016 as claimed by industry professionals.

So does that mean one can bet the house as well as hold his material? No, but it won’t hurt to hold one or two items and explore what happens.

Aluminum scrap in Qatar price to rise?

 The prices of aluminum have reduced by 1 or pennies every round. We have been keeping track of prices of stainless steel and other base metals as well. And the prices of all seem to follow a relatively stable path.

Are steel prices scheduled to go up?

Steel prices seem to (at least the rumors suggest) rise slowly. However, the prices don’t show a significant difference. The market is eyeing the prices of steel in china, because that will affect global prices of steel which will in turn affect steel scrap prices in Qatar. Let’s see what the New Year has for Scrap Metals Qatar community.

Current scrap metal prices-

• Bare Bright Copper: $1.81-$2.06
• Copper Pipe: $1.54-$1.84
• Clean Brass: $1.04-$1.14
• Insulated Copper: $0.55-$1.43
• Aluminum Sheet: $0.30-$0.33
• Stainless Steel: $0.24-$0.29
• Aluminum Cans: $0.25-$0.35 (Not CRV Pricing)
• Light Iron: $25-$40 per ton

Image Source : alaglobal.com, newcomerstruckparts.com

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…