The years 2020-2021 tackled a paradigm shift in the way business is conducted across the globe. With global power leaders under lockdown the world saw 15% reduction in nitrogen oxide (NOx) globally.
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(https://climate.nasa.gov/news/3089/local-lockdowns-brought-fast-global-ozone-reductions-nasa-finds/) The importance of recycling industries and technologies have been especially highlighted during these times, as it is one of the crucial steps in realizing climate goals. Mining ores for virgin metal extraction not only uses a lot of resources, but also contributes to the emissions.
Metal scraps are broadly classified in two categories: ferrous and non-ferrous. As the name suggests, ferrous metals are combinations of iron and carbon. Non-ferrous metals include aluminium, copper, lead, zinc, and tin. Steel is one of the most recycled metals in the world – around 85% of the steel is recycled, aiding in circular economy efforts. (https://www.tatasteeleurope.com/sustainability/circular-economy#:~:text=A%20few%20facts%20about%20the,first%20useful%20life%2C%20is%20recycled) Steel trader in UAE can attest to this fact as the country uses huge amounts of steel. (https://www.cohenusa.com/blog/everything-you-need-to-know-about-scrap-metal-recycling/)
Even though metals can be recycled over and over again, and they provide financial benefits along with environmental imperative, the current metal recycling rate stands at 34%. (https://www.thebalancesmb.com/an-introduction-to-metal-recycling-4057469). This figure is not acceptable. The challenge lies with respect how to recapture more scrap metal for recycling. Recycling companies in UAE must not only stress on spreading awareness about the positives of metal recycling, but it is also important to apply impetus on advancements and recycling technologies being made and inculcating them in all scales of recycling.
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Source: blog.luckygroup.coms
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