Convenience, professionalism and loyalty are some major aspects of choosing a metal recycling company. There are numerous scrap companies who do these tasks, so it becomes a bit challenging to find the best one. You can also earn good money from metals like copper, steel, aluminium, brass and lots more. Anyone wants to sell some scrap metals should consider few things as follows-

Things to consider:

• First of all be sure the scrap company is licensed and genuine. People tend to find a scrap yard that is in their own city. A nearby scrap yard is more convenient.
• It is essential that you choose a scrap yard that deals in a wide variety of metals whether from an industry or household.
• You should visit their recycling yard or company at least once to make sure how they carry out the whole process. Pay attention the equipment and technologies they use.
• Scrap metal recycling help the environment get rid of disastrous effects of metal scraps in the landfills. The energy consumed for recycling metals is less than the production of new metals. Keep in mind that company is following the legal rules
• Be sure that they provide a good customer service. A company offering excellent service is always successful and creates a positive reputation
• Make sure the scrap metal buyer can offer you good process. Ask about the steel, copper, aluminium scrap price, scrap price of cast iron and so on
• If it is a construction site, or production factory then it is better to hire a truck to carry heavy as well as huge items

With professional scrap metal service you help the surroundings by removing harmful scrap materials. So make sure to choose the right company!

There can be a lot of waste generated from the scrap metals and it may be hard to find ways to dump the scrap metals. Scrap metals can be of various types like copper, brass, aluminum, iron, etc and each type can be reused to produce many new products.  However, with Scrap Metal Recycling, the amount of waste produced from the scrap metals can be reduced.  Also, the need for additional mining for sourcing new metals can be prevented, and the recycled scrap materials can be used for various purposes.

Industrial uses:

Lot of recycled scrap metals are used in the manufacturing new items in the industries like the building materials or appliances. The most common use of recycled scrap material is used in automobile, appliances, aircraft, industrial containers, plumbing, and ductwork, etc.

Uses in packaging:

Recycled steel and aluminum are also widely used for packaging of food of different types. There are lots of canned goods in the market, and in most such packaging materials some percentage of recycled metals are present. Also, there can be canned packages that are made from 100% recycled materials, and these can be recycled materials can reappear in the market for a beverage or new food container. It makes the total process extremely efficient and economic and particularly for aluminum, it requires less processing thus reducing the greenhouse effect.

Uses in home furnishings and fixtures:

 Very often scrap metals are recycled to use as fixtures and furnishing for use in a home. Metal roofing materials can be made partly or wholly from recycled metals also and can give long life at a very cheap rate. It can also be used for decorative metalwork or artwork and a new appealing look can be given to the objects that have reached the end of their functional life.

It can produce stronger materials:

Higher quality tools can be made through a process of electric arc furnace by the Scrap Metal Recycling. Stainless steel can be made in such way and copper and aluminum scrap can also be recycled to produce excellent materials for use.

According to the Bureau of International Recycling, almost 40% of the World’s steel production is extracted from scrap. Recycling one tonne of steel saves 642 kWh of energy, 1.8 barrels (287 liters) of oil, 10.9 million of British thermal unit energy, and 2.3 cubic meters of landfill space. Steel automobile frames consist of at least 25% of recycled steel and a typical electric appliance uses 75% of recycled steel. Metals are a limited resource, whose consumption, management and production echo to the need to adopt a recycling economy. Therefore, a booming metal recycling market. The information is based on a recent business intelligence report from IndustryARC, titled “Metal Recycling Market: by type (ferrous metals and non-ferrous metals); by end user industry (construction, industrial and others); & geography forecast (2018-2023).”

The recycling of non-renewable resources is often advocated as the solution to the potentially restricted supplies, and metal recycling is one of them. It refers to the process of recovering and processing scrap metal from obsolete metals. Metals are essential for the global economy, as they find application in manufacturing buildings, automotive industry extending to the massive production of mobile phones, computers, and other electronic equipment. Using recycled raw materials cuts down carbon dioxide emissions to great extent.

Browse 53 Market Tables, 176 Figures spread through 171 slides and an in-depth TOC on “Metal Recycling Market (2018 - 2023)”

Metal Recycling Market Influencers

Chinese Nonferrous Metals Industry Association Recycling Metal Branch (CMRA) is a firm from China which has achieved millennials in recycling metals. It has an organized structure for metal recycling, a proper segmentation of metals is performed before the execution of the recycling process. This initiative from the company has proved to be tremendously efficient for the country as China has reduced its scrap wastage in a significant amount. On the other hand, the production of new metal products from recycled scrap has reduced the carbon emission significantly in the country.

Global Metal Recycling Market: Competitive Landscape

The recycled metals are profoundly being employed for the manufacturing and repair works of the marine fleet all across the globe. The company Sims Metal Management is one of the leading publicly listed metal recycler. All kinds of ferrous and non-ferrous metals are reprocessed by the firm. The company generated more than $6,448 million in sales revenue in the fiscal year 2018 with 10.3% underlying return on the invested capital. Furthermore, the company generated 395,000-megawatt hours of renewable energy form metal recycling only.

Aurubis is one of the leading provider of non-ferrous metals worldwide and a well-known name in the global metal recycling market. Headquartered in Germany, this company is the world’s largest copper recycler. They produce high-quality and pure copper from copper concentrates and recycling materials. Aurubis is producing more than one million tonnes of copper cathodes annually which is utilized in the manufacturing of wire rod, rolled strips, wires and copper profile alloys.

Schnitzer Steel Industry is a global leader in recycling metals from the United States. It is serving low-cost quality parts to customers all across Canada and the U.S. Its major operation lies in the recycling of used auto parts. Additionally, they also contribute to the manufacturing, retail, transportation, utility, demolition and construction industry.

The metal recycling industry is playing an important role in the sustainability of the planet. More recycled metals means reduced wastage, reduced consumption of virgin ores and reduced carbon emission from the metal manufacturing industry. The robust demands from the automobile, construction and electronics industry are presumed to yield considerate profit in the metal recycling industry in near future.

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According to the Bureau of International Recycling, almost 40% of the World’s steel production is extracted from scrap. Recycling one tonne of steel saves 642 kWh of energy, 1.8 barrels (287 liters) of oil, 10.9 million of British thermal unit energy, and 2.3 cubic meters of landfill space. Steel automobile frames consist of at least 25% of recycled steel and a typical electric appliance uses 75% of recycled steel. Metals are a limited resource, whose consumption, management and production echo to the need to adopt a recycling economy. Therefore, a booming metal recycling market. The information is based on a recent business intelligence report from IndustryARC, titled “Metal Recycling Market: by type (ferrous metals and non-ferrous metals); by end user industry (construction, industrial and others); & geography forecast (2018-2023).”

January 25, 2019: This report focuses on the global Metal Recycling status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Metal Recycling development in United States, Europe and China.

Scrap metals collected from various sources are raw materials used in metal recycling. Scrap metals are separated and processed several times to yield recycled metals.

Steel is one of the most recycled metals. Ferrous metals (iron and steel) are used extensively in various industries such as automobiles, appliances, construction, and packaging

Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-metal-recycling-market-size-status-and-forecast-2018-2025/request-sample

The major factor driving the growth of metal recycling market is attributed to increasing industrialization and urbanization, rising income, and spending capability of people in developing economies such as China, Brazil and India.

Aluminum is one of the highly recycled materials after steel. Almost 630 million tons of recycled steel was produced in 2017

In 2017, the global Metal Recycling market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2018-2025.

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The key players covered in this study

• Nucor Corporation
• Commercial Metals
• Aurubis
• Arcelormittal
• MIS Metal Management
• European Metal Recycling
• Tata Steel
• BaoWusteel Group
• Remondis
• Rethmann
• Der Grune Punkt

Market segment by Type, the product can be split into

• Ferrous
• Non-ferrous

The study objectives of this report are:

• To analyze global Metal Recycling status, future forecast, growth opportunity, key market and key players.
• To present the Metal Recycling development in United States, Europe and China.
• To strategically profile the key players and comprehensively analyze their development plan and strategies.
• To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Metal Recycling are as follows:

• History Year: 2013-2017
• Base Year: 2017
• Estimated Year: 2018
• Forecast Year 2018 to 2025

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