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In the recent past, the prices of scrap have skyrocketed. The average price of steel scrap, as per London Metal Exchange (LME), in June 2020 was $260 per ton and in July 2021 the price has crossed $540 per ton.What is the Scrap Book?
scrap·book | \ˈskrap-ˌbu̇k \. : a blank book in which various items (such as newspaper clippings or pictures) are collected and preserved.What is scrap metal business?
Sellers of scrap metal include businesses of all sizes and solo entrepreneurs, such as local junk dealers and scrap collectors. The requirements for licensing a business that sells scrap metal can apply to several different segments of the industry. For instance, people who haul junk to local recycling centers are considered sellers.What is scrap steel?
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.