Significance of Metal Recycling in the Global Manufacturing Supply ChainBlog | April 14th, 2020
Metal recycling has been the go-to process of the global manufacturing supply chain when they need to replenish their metal supply. This process enables industries to continuously manufacture products, tools, and equipment without worrying about their metal supply. Truly, metal recycling has changed the way companies perceive scrap and used metals.
Thousands of companies today are now engaged in recycling metal. Some metals that are frequently recycled include copper, aluminium, brass, gold, silver, and many more. For iron and steel alone, the estimated weight of recycled products out of these materials has reached 81.4 million tons. Alternatively, the total recycled products out of copper, aluminium, and stainless steel is around 8 million tons.
With these numbers, global manufacturers continue to praise and embrace the process of metal recycling since it brings a lot of benefits to them.
Provides Economic Assistance
As mentioned, the industry behind scrap metal recycling constantly processes tons of scrap metals around the world. Recycled metals are then used and utilised by the world’s leading manufacturers in creating new products such as commercial appliances, industrial equipment, smart devices, construction materials, and many more. And despite different technological advancements, this industry still hires thousands of workers just to get things done. In a wider sense, the scrap metal recycling industry is now worth more than $90 billion, a whopping amount that helps push world economies forward.
What is great about the scrap metal recycling industry is its products themselves. Almost all types of metal can be processed and recycled numerous times without disturbing their original properties. Meaning, even if you use recycled stainless steel, you can expect it to possess properties similar to newly processed stainless steel. Two of the most recycled metal on Earth include aluminium and copper. Once these scrap metals are processed and sold in the market, companies would then purchase and include them in their production line. Some products that are made from scrap metal materials include soda cans, automotive parts, windows, doors, bridge parts, and many more.
Promotes Ecological Changes
The scrap metal recycling industry may generate a lot of money, but it does not entirely violate natural laws. In fact, it helps preserve natural resources and the environment. Since metals are recycled, companies do not necessarily see the need to extract new metal materials from our natural resources. As the extraction of metal decreases, it helps preserve the remaining supply of non-renewable minerals and materials. Moreover, this industry helps save the environment as it reduces carbon dioxide emissions and other pollutants by great amounts. Different types of pollutions are also mitigated because of the absence of harmful extraction processes. After all, most companies now see the need to be sustainable and environmentally friendly.
The metal recycling industry can truly help the global manufacturing supply chain in providing raw materials without the need to harm the environment. For more information on metal recycling, just contact us at Melbourne Metal Recycling. We are one of Melbourne’s largest independently owned and operated scrap metal recycles. We buy and sell all grades of ferrous and non-ferrous scrap metal.
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