| Recycling scrap metal has always been a
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| | example you have HMS1, HMS2 and further
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| potential business in which one can make
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| | classifying ISRI codes. These basically
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| money and even more so now with a huge
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| | define the type of scrap in terms of
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| emphasis on recycling. Millions of tonnes
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| | content, size, source and mix.
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| of scrap metal are processed every year,
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| | The price that scrap metal is purchased
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| examples being cars, bikes, pots,
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| | and sold for is determined by its type,
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| radiators, appliances, pipes, electrical
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| | source and any further classification.
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| wires, sinks, ships and many more. This
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| | Additionally depending on supply and
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| article gives a brief overview of the
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| | demand, the prices can fluctuate
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| scrap metal industry helping one get an
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| | reasonably and quite frequently with a
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| understanding of what it's all about.
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| | short space of time.
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| Scrap metal comes in two types, Ferrous
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| | The various parties that trade in the
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| and non Ferrous. Ferrous only includes
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| | purchase and sale of scrap metal are
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| steel and iron scrap, whereas non ferrous
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| | defined as follows.
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| is scrap metal other than iron and steel
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| | Scrap processors purchase scrap metal
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| and includes copper, aluminium, zinc,
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| | from various sources, for example from
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| lead, nickel, titanium, cobalt chromium
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| | builders, plumbers, mechanics, foundries,
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| and precious metals. Ferrous scrap is
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| | and other sellers. The scrap processor
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| more readily available than non ferrous
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| | may deal in ferrous or non ferrous or
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| and hence ferrous is less expensive than
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| | both. The scrap processor will sort the
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| non ferrous.
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| | scrap metal in their scrap yard with the
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| Scrap metal is also categorised using
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| | use of cranes, magnets, shredders etc,
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| other criteria, for instance ferrous and
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| | and then sell the processed scrap metal
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| non ferrous can be grouped into home
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| | to foundries, mills, recyclers and other
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| scrap or purchased scrap. Home scrap is
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| | purchasers. Alternatively the scrap
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| produced in the foundry or mill and is
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| | processor may recycle the scrap and then
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| reused by the foundry or mill. Purchased
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| | sell on the recycled products.
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| scrap can be further classified as either
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| | Peddlers collect scrap metal from various
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| industrial (new) scrap which is unwanted
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| | sources and sell to the scrap processors.
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| scrap created in the manufacturing
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| | Or they may purchase from scrap
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| process like when producing a new car,
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| | processors and move the scrap to other
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| or obsolete (old scrap) which is worn out
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| | countries. For instance a peddler may
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| scrap like a car that has reached the end
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| | source unused cars for the scrap
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| of its life. Other examples of obsolete
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| | processor, or may collect aluminium cans
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| non ferrous scrap include copper pipes,
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| | for the scrap processor to recycle.
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| radiators, catalytic converters etc.
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| | As can be seen, to get involved in this
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| Also for instance in ferrous scrap metal
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| | business, there are many factors to
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| you get many grades to classify, for
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| | consider and options to choose.
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