How much do we really know about the metal recycling world? A competitive and established industry spanning the entire globe, it’s quite a complex subject. However, there are a lot of statistics out there worth highlighting, especially to show the sheer value that metal recycling as a whole brings to the world.
Major changes were made to the Scrap Metal Dealers Act 1964 in 2013, with legislation revised to create a new criminal offence. Under the current law:
The aim of the change in regulations was to cut down metal theft – a low-risk, high reward enterprise for many criminals and less-than-scrupulous dealers.
For almost five millennia, copper was said to be the only metal available on this planet of ours. First used by human civilisation over 10,000 years ago, global copper resources are estimated at around 5.8 trillion pounds.
The really interesting fact is that almost all of that copper is still in use today; that’s because copper’s recycling rate is greater than most other engineering metals. In fact, the amount of copper recycled almost amounts to the amount of new copper that is mined annually. This alone should demonstrate that there remains huge demand for copper, so there are many benefits of recycling your used copper. This article delves a little deeper into the positive effects of reusing copper.
The scrap metal industry has long been a vital sector for the UK economy and it remains so today. In the late 19th century, the United Kingdom was leading the world’s Industrial Revolution from the front, with almost half of the world’s steel and iron produced on its island.
However, after producing large amounts of metal goods to help the United States of America build its infrastructure, the British metal industry fell into decline until the 1980s when enterprises were privatised and experienced significant reorganisation.
A scrap yard for metal items pays competitive fees for ferrous and non-ferrous scrap metals, as well as scrap vehicles that are no longer roadworthy. Metal recycling is big business; it’s not only an easy way for people to make a little extra cash by selling used metal for recycling, the recycling process itself is good to the wider environment too.
If you’re unsure of how a scrap yard works, what the process of recycling scrap metal involves and what to do upon arrival at a scrap yard, this article should give you all the information you need to know to use metal scrap yards responsibly.
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