Recycling is a concept that a lot of people are familiar with. Metal is one of the earliest materials recycled, melted and reused for new purposes. It is a highly flexible material. Right now, over 45% of the world’s steel and 40% of the world’s copper production come from recycled sources. This is why selling scrap for cash is a profitable business.
Many people forget that they have metals in the various appliances and items they dump into the garbage bin. Steel casings, brass fixtures, and copper wiring can be found in electronic gadgets and household items that end up in the trash heap. Old refrigerators and air conditioners are also prime sources of scrap metal. People are often either ignorant of or simply uninterested in the presence of these metals. They need to learn more about the scrap metal industry to be able to earn profit from unused metal items.
Any business or undertaking can always use some extra income. The federal government’s Digital Education Revolution programme, for example, aims to provide schools with updated computers on a 1:1 computer to student ratio. This means that a substantial number of PCs would need to be junked annually in keeping with the program’s objectives.
Lack of funding, however, has caused some hitches in the program, preventing some schools (particularly in Victoria) to replace soon-to-be obsoleted models with new ones. Exchanging computer scrap for cash, with the help of companies like Global Resources, may provide some of the answers to financial dilemmas like this.
Any motor vehicle, like any other machine, eventually reaches the end of its service life—and upgrades could not make that much difference anymore. The only option left for the old vehicle may be to finally consign it to the scrap yard, but as Stuart Masson, in his website The Car Expert, says, there are ways to sell scrap and make money from it.
Although prices for scrap metals have declined, the demand for them has not abated at all for use in various industries, including the manufacture of newer and more efficient vehicles. The demand for second-hand parts even fuelled a wave of auto thefts targeting popular vehicles in certain low-income areas, according to the National Motor Vehicle Theft Reduction Council. If you have an old car that’s long been taken off the road, you can still make money off it by contacting companies, such as Global Resources, that buy scrap for cash.
People are probably becoming familiar with the system of selling scrap metal pieces, with many things in their homes being possible candidates for recycling, such as unused decorative items, old kitchen utensils, and even defective appliances. With a bit of effort and research, one can truly say that there is money in garbage.
If you have metal-containing unused items or fixtures at home, do not throw them away just yet. Collect them and arrange to sell the items to trusted scrap metal merchants who can recycle them for other uses or for creating new products. This way, you free up space in your property and also contribute to the preservation of the environment.
Amy Noonan of Adelaide newspaper The Advertiser noted as much with the crushing of two cars confiscated by the South Australian government back in October 2010.
A number of states in Australia already have their own anti-hooning laws. Cars caught for hooning may range from the top-of-the-line cars to older units that have become “sleeper” vehicles in their own right. If you want to unload a chunk of scrap metal that was once a car or a hoon that has been written off, trusted scrap metal merchants like Global Resources are ready to get it off your hands.
Certain residential properties contain so much junk they practically beg to be quarantined and their contents hauled off for disposal due to health concerns. Emily Crane of Daily Mail Australia writes about one such property in the greater Adelaide area that is in dire need of attention from a scrap metal pick up service. The owner has apparently dismissed concerns about the need to tidy his place up.
Crane writes that the Playford Council spent over $80,000 in legal fees since 2001 to force David Tavitian of Shaftesbury Road in Elizabeth Vale to clean up his yard. The situation took a turn for the worse in 2006, when an environmental compliance inspection yielded traces of rat faeces, an old refrigerator, and spent wheels.
Economies thrive on the movement of prices of various commodities, securities, and financial instruments. When the price of a tradable unit drops, the industries that produce and sell that item suffer from lower earnings. On the other hand, the industries that rely on that tradable unit are able to do business with lower overhead. Vice versa, when the price of a tradable unit rises, the manufacturers and sellers are able to earn more.
This is precisely the situation faced by Australia today with the rising price of copper due to the increased demand for it in China. The Sydney Morning Herald’s Stephen Cauchi reported in an October 15, 2014 article: