Shahzy & Co.,Pvt Limited

6-Nov-2014
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L/C
2012

Business Introduction

Recycling scrap metal has always been a potential business in which one can make money and even more so now with a huge emphasis on recycling. Millions of tonnes of scrap metal are processed every year, examples being cars, bikes, pots, radiators, appliances, pipes, electrical wires, sinks, ships and many more. This article gives a brief overview of the scrap metal industry helping one get an understanding of what it’s all about.

Scrap metal comes in two types, Ferrous and non Ferrous. Ferrou
s only includes steel and iron scrap, whereas non ferrous is scrap metal other than iron and steel and includes copper, aluminium, zinc, lead, nickel, titanium, cobalt chromium and precious metals. Ferrous scrap is more readily available than non ferrous and hence ferrous is less expensive than non ferrous.

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