The Fortune behind Scrap Metal Recycling Mississauga

What many people do not know is the profitability behind scrap metal recycling Mississauga. Due to the lack of knowledge, many items containing different kinds of metal are thrown in the trash for the scavengers. While scavenging for scrap metal can never be considered as a glamorous job, it can be a profitable opportunity to earn cash particularly if you have knowledge on the kinds of metal that can be sold for a high price. Copper is one of the most sought after metals and it is present in electric wires. No scrap metal recycling Mississauga will reject an offer of scrap metal which can augment the growth of their business. In fact scrap metal recycling is one of the top earning industries due to the growing demand for scrap metal globally.

Recycling for money

Make it practice to segregate trash according to paper, scrap metals, aluminum cans, bottles and plastics. Always keep an eye for opportunities to earn which you can easily do with scrap recycling. Many purveyors of scrap items see customers every day from companies who are disposing of their outdated computers and monitors, plumbers who have copper piping and brass fixtures to electricians with their excess electric wires and equipment. Even homeowners are encouraged by scrap metal recycling Mississauga to drop their broken down television sets, washing machines and air conditioners to the yard for cash. Not only is clutter removed from the immediate environment but space in the landfills is saved.

Benefits from metal scrap recycling based on US EPA estimates

- 75% energy savings

- 90% savings in virgin material use

- 86% reduction in air pollution

- 40% reduction in water use

- 76% reduction in water pollution

- 97% reduction in mining wastes

- 105% reduction in consumer waste

Classification of scrap metal

Ferrous metals – are metals that contain iron to some degree. Ferrous metals are further classified according to obsolete or prompt scrap. The typical sources of obsolete metal scrap are home appliances, cars, steel structures, railroad tracks, ships and farm equipments. Prompt metal scraps are those that are generated by industries and manufacturing companies which form the largest source of metal scraps that can be recycled. A large portion of ferrous scrap is used by industries more than the virgin material that has to be mined from the original ores. Millions of tons of ferrous scrap metals are consumed globally particularly in developing countries.

Non-ferrous metals – are metals that can be attracted by a magnet; however, it varies according to the iron content in the alloy. Stainless steel is ferrous but it cannot be magnetically attracted since a large amount of iron is moved in the manufacturing process. While a small quantity of non-ferrous metal scrap makes up the total of the metal scrap recycled, it is considered as very valuable component of electronic devices, batteries, radiators, airplane parts and many more. Because non-ferrous metals can be recycled without losing any of their chemical and physical properties and characteristics, they can be recycled over and over again.