What’s happening in the world of scrap recycling—and what’s around the corner?
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The Basel Convention, an international agreement which controls transboundary movement and disposal of hazardous waste, is considering proposals which may make it more challenging for end-of-life electronics to be refurbished, reused or recycled. Effective in 1992,...
Old pennies, nickels, dimes and quarters lost between automobile seats, stuck in coin-operated washers and dryers or left in vending machines routinely make their way into the scrap stream. A popular program operated by the U.S. Mint to exchange these coins was...
Tax filing day for 2020 is behind us now, but it is not too early for scrap metal recyclers to start planning for 2021 federal income taxes. Scrap metal recyclers who export may stand to benefit from an export tax incentive that is easy to set up and available...
Copper and steel prices have joined other commodities in reaching record highs in 2021. Fueled by a variety of factors, industry specialists and economists say there are no signs that these climbing prices will slow down anytime soon. The prices for our consumer...
With mountains of shiny visuals, heavy machinery, and the mystique of operations fenced off to trespassers, scrap yards have long appeared as places of intrigue in numerous movies over the years. A search of movie data bases will reveal more than a hundred films which...
“Knowledge is power is time is money,” the saying goes. This has never been more true than in business today. An abundance of information can be at our fingertips and how we choose to utilize data, or not use it, can create or diminish a competitive advantage....
Scrap metal recycling is all about saving natural resources. What if scrap metal recyclers could reap the benefits of conserving an additional natural resource–paper? More scrap metal recycling businesses today are moving toward paperless processes...
Scrap peddlers in the 1880s, electronic waste today, and everything in between, are topics explored in the Jewish Museum of Maryland (JMM) exhibit Scrap Yard: Innovators of Recycling. Although no longer physically on display at the Baltimore museum,...
There was a time in the scrap metal recycling industry when incoming material was sorted by hand, tickets were written by hand, and bookkeeping was done by hand (with perhaps the help of a calculator.) Today, the scrap metal recycling industry is on the cutting...
The flow of material into and out of a scrap metal recycling facility is the heartbeat of its business. Scrap streams in from a variety of sources, sometimes into a number of different yards. It is then processed and stored in various stages and grades of...
