Our commitment to continuously support recycling industries in India and overseas as we continue to make significant contributions towards managing resources and conservation by providing raw materials in the form of Scrap.
Eggs & Gluten
The metal recycling industry encompasses a wide range of metals. The more frequently recycled metals are scrap steel, iron (ISS), lead, aluminium, copper, stainless steel and zinc. There are two main categories of metals: ferrous and non-ferrous. Metals which contain iron in them are known as ferrous.
Globally the metal scrap industry is worth $500 billion which is more than twice as large as the Indian IT industry.
The global metal scrap industry is worth over $500 billion yet India's share of this is a mere $11 billion or 2.2per cent of the industry. India is a vast country which in 2019 is expected to produce over 100 million tonnes of steel. It is today the second largest producer of steel in the world having usurped Japan from that spot early this year, yet most steel and other metals manufactured in India are made from ore extracted from the ground.
The differences between ferrous and non-ferrous scrap metal
Ferrous Scrap Metal
Ferrous metals and alloys contain iron
Ferrous metals include mild steel, carbon steel, stainless steel, cast iron, and wrought iron.
Most ferrous metals also have magnetic properties, which makes them very useful in the creation of large motors and electrical appliances.
Non-Ferrous Scrap Metal
Ferrous metals and alloys do not contain iron
Non-ferrous metals include aluminum, brass, copper, nickel, tin, lead, and zinc, as well as precious metals like gold and silver.
Non-ferrous metals are also much lighter, making them well-suited for use where strength is needed, but weight is a factor, such as in the aircraft or canning industries.