Did you know that there’s money waiting to be made in scrap metal? Metals such as steel, aluminium, copper and

brass can fetch an attractive sum from scrap metal yards like Elite Recyclers through cash for scrap metal services.

Whether it’s a one-off drop or an ongoing income source, there’s not much you can lose from bringing your scrap metal to a recycling facility. 

In addition to the monetary incentive, there are also a number of other benefits that help the lifecycle of steel and the environment. Furthermore, the steel recycling industry also helps to create many new jobs that wouldn’t be possible without a community of scrap metal sellers. 

Let’s take a look at these benefits. 

Many everyday items are produced by mining the Earth’s natural metal resources — iron ore, brass, zinc, palladium, cobalt and tin to name a few. There’s a limited amount of these resources on Earth, while sourcing and smelting them requires oil, water and coal. 

Rather than mining raw materials, the recycling industry makes use of existing metals. This also preserves the natural landscape and protects existing wildlife. 

Recycling metal simultaneously cuts down energy usage and natural resources. It’s a positive action for the environment and to adapt sustainability into a company’s corporate responsibility strategy.

Metals are one of the few raw materials that can be easily recycled without damaging their natural properties. This means there’s no advantage to mining more metal — aside from meeting higher demand. 

Not only can the recycling process be repeated without diminishing the quality of the metal, but it also takes less energy to turn scrap metal into a new product than to harvest new resources to do the same thing. Modern steel manufacturing can be used to modify existing metal for its new purpose. Most metals can be recycled, with only radioactive metals (plutonium, uranium) and toxic metals like mercury and lead prohibited. Speak to your local scrap metal recycling facility to check what they accept.  

These energy savings create lower prices for consumers by making products cheaper and reducing greenhouse gas emissions. It’s a win-win for everyone.

Saving existing metals through recycling helps to slow landfill growth. Metal takes a very long time to biodegrade and there’s only a limited amount of landfill space available. 

Every time you take your metal waste to a recycling centre, you’re making a difference. Stop adding to landfills unnecessarily and take it somewhere it can be used responsibly. 

Metal production costs fluctuate according to supply and demand, and there can be barriers to sourcing ethical and sustainable materials. For example, rarer metals may only be found in unstable countries or require long supply chains to have them delivered to foundries. 

The pandemic has shown the impact of the global supply chain and created significant cost issues — steel prices climbed 219% during the first year and a half of the pandemic. 

Furthermore, some nations are introducing tax incentives for using recycled steel in their products. 

All in all, it makes sense that using existing metal resources is more affordable than making it from scratch. 

Scrap metal recycling creates an industry for entrepreneurs to develop new businesses that create thousands of jobs and generate millions in tax income for Australia. Whilst there are challenges due to fluctuating prices, it still serves communities and provides an overall economic boost that would otherwise be lost to landfills. 

Elite Recyclers is a trusted scrap metal recycling facility in Murarrie. We work across Brisbane, Gold Coast and Ipswich helping thousands of Aussies enjoy the benefits of scrap metal recycling. 

We offer fair and competitive cash for scrap metal prices and friendly service. Get in touch with us to learn how your start recycling your scrap metal today.