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Metal Recycling In Orange County: A Brief Insight
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The reprocessing of scrap materials into new valuable products is referred to as recycling. This beneficial process of conserving the natural resources of the planet has led to the remarkable development of a number of enterprises all across the globe. Now, the establishment of a number of breakers yards is evidence that metal recycling is a booming business in Orange County. This specific kind of business involves several stages that start by collecting scrap metals that are transported to the scrapyards for reprocessing. The collected junks are then melted and given proper shape to manufacture new goods.
Ferrous and nonferrous metals are the two main categories of scrap materials. This categorization is made primarily on the basis of the presence of the metal iron in the scraps. Materials that contain iron as one of the major component are ferrous. On the other hand, junks that do not contain iron are referred as non-ferrous. Iron gets attracted by magnets. Thus, a large number of magnets are utilized to differentiate between the two types of scraps.
Companies of scrap metal recycling in Orange County CA often advertise their essential services to grab the attention of common people. This is of immense importance because it helps common people to sell off their waste metal from their offices or homes and they can earn good amount of money from it. Different junk yards in Orange County offer different pricing on the range of available scraps. However, it has been found that most of the companies value the junk based on their weight.
A range of benefits arise from the reprocessing of waste materials. Reprocessing scraps saves considerable energy in comparison to the energy consumed in mining virgin ore. The environment is also highly benefited by this process. Air and water pollution is reduced remarkably.
The recycling industry provides huge benefits to the economy as well. It has generated potential employment opportunities. For instance, people associated with smelting smelters are largely dependent on scraps for their means of livelihood. Many individuals who are not directly involved with this industry are also benefited from it, as some junk yards offer them the chance to buy the scrap prior to the smelting.
This reprocessing industry has also benefited the government remarkably. A good portion of revenue generated by the government comes from the taxes earned from both exports and internal trade activities. Foreign currencies are earned by exporting scrap and this strengthens the economic condition of the country to a great extent. This in turn allows the government to offer better social services to the people.
US Rise Scrap Prices by $30 per Long Ton in December 2013
The Steel Index in a monthly report declared that the United States has hiked the price of scrap sharply by $30 per long ton in December last year. Sources revealed that this surge mainly took place owing to the tight supply of junk material available in the domestic market of the country, as the recovery in the manufacturing industry of the US maintains the upward trail. Dealers are holding back the junks in anticipation of a hike in the price in January.
This rise in price in the US domestic scrap has led the junk exporters’ hike their offers to the export markets. Now, this has dropped the volume of exports from the country as overseas buyers are looking elsewhere for scrap metals.
About the Author: Fred Hoffman has been in the Los Angeles metal recycling industry for over a decade. According to him, the practice of scrap metal recycling in Orange County, Los Angeles will not only help us keep the environment clean but is also a potential way to make some additional money.
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