
The scrap metal industry has undergone a revolutionary transformation
from its beginnings in the horse and buggy era.
Today, the major scrap metal companies are sophisticated
operators using the latest technology to improve the recycled
products sold to mills and foundries.
Metal processing mills pay premiums for cleaner, more compact
product, denser material, sorted shred scrap, and a variety
of other processed material. To meet this demand, scrap
recyclers are investing in better equipment, waterproof
storage facilities, and technology.
Demand for ferrous, non-ferrous, and new
materials will grow to unprecedented levels fuelled by:
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Environmental
conservation of natural resources, especially in the
forestry sector,
creating increased use of metal products in the housing
sector |
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Increase in
the use of non-ferrous metals in the development of
lighter and stronger
products for the automotive and aeronautics industries
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Improved recycling
and sorting methods with the advent of new and more
powerful
equipment, which will increase capacity and quality
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More efficient
scrap metal collection methods due in part to an environmentally
conscious society willing to participate more in the
recycling chain |
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A broader use
of steel products in a range of industrial and domestic
uses, e.g. computers, food and beverage containers,
construction, telecommunications and transportation
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Governments on all levels
that have become proactive in the recycling process
by implementing legislation and by-laws to ensure an
increasingly greater proportion of all waste is recycled. |
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