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If your business is in heavy machinery or any machinery industry, you will be familiar with trying to manage scrap metal. This is an area often overlooked when you’re doing income streams, but if you can harness your scrap metal, you might be in for a pleasant fiscal surprise.
Managing scrap metal and machinery, go hand in hand really. After all the machinery you have in your fleet, at some stage will move it or become it so it is sensible to try to understand it better.What is Scrap Metal
Put simply, scrap metal is the combination of waste metal and any product that contains metal that is capable of being recycled from previous consumption or product manufacturing. ... These scrap metals can be reused again and again.
They are the definition of recycling in a practical sense. It requires considerable processing however to get a raw scrap met…