Getting The Most From Your Scrap Takes A Little Work But It Can Be Worth It.

Welcome to 2013! We hope you enjoyed the Holiday Season.

Perhaps as one of your new year’s resolutions, you have decided to clean-up and recycle some of the odds and ends around the house or business. You can put your junk in your trunk and just head off to one of our locations in either Mississauga or Oakville. Or, you can consider what could be done to add value to your scrap metal and ensure that the trip is as worthwhile as possible.  

Our conveniently located Mississauga and Oakville locations make dropping off your scrap metal quick and easy. See our home page for addresses.

Looking At Copper In A Whole New Light

#1 Copper. A hot commodity in the worlds of both recycling and finance.

Copper is certainly one of the most favoured commodities that our customers like to trade with us. At current prices of around $3.25/lb for millberry (brite, copper wire) and $3.10/lb for no 1 copper even a small amount of weight adds up very quickly. This is particularly handy at this time of year and in fact, many people will accumulate copper material and sell it to us in time to coincide with the gift giving season that is now upon us.

Peel Is Getting Baghoused!

It’s Not as Scary As It Sounds

At the moment, we are in the process of installing new and very powerful air pollution control equipment at our wire processing facility.

Commonly referred to as a ‘baghouse’, this equipment is much more than a gigantic vacuum cleaner. Baghouse systems are specifically engineered and set up to manage different dust producing applications. Systems of this type are in use across a wide range of industries including: foundry and steel operations, pharmaceutical manufacturing, food manufacturing, and in the chemical, cement and lumber industries. In fact, many industrial processes can only operate with baghouse equipment in place.

Plastics Recycling – That Reality Is Closer Than You Think.

The recycling process often generates its own stream of by-products which also require innovative solutions. Although our primary focus at Peel Scrap Metal is metal recycling, we increasingly have an interest in plastics since the introduction of our chopping line for wire and cable granulation.

Plastic & Copper

Our chopping line uses insulated wire and cable as its feedstock and separates the metal conductors, copper or aluminum, from the plastic sheathing which insulates those conductors. Both the metal and the plastic are chopped into granules as part of the separation process. The granulated metal is sold as a premium product or ‘chop’.

Metal Recycling – Just How Important An Issue Is It?

On the Natural Resources Canada Website, the government points out that in this country it is estimated that 15 million tons of non-ferrous and ferrous metal scrap are recycled each year.

In the U. S.,  ISRI (the Institute of Scrap Recycling Industries) states that in the U.S. enough ferrous scrap is recycled that if put in rail cars, it would stretch in a line for 11,349 miles or half way around the planet. In addition, about 6.6 million tons of non-ferrous scrap were recovered in 2007 – about $38 billion worth. So you can just imagine the enormous scale and potential of our industry on a global basis.

Copper – The Metal with a PHD in Economics

#1 Bright Coppper

If you look through some of the literature on copper, you might be surprised to learn that copper is often referred to as the metal with a PHD in economics. A bellweather for the base metals, it is highly sensitive to economic trends and therefore closely tied to the business cycle.

As a vital raw material in construction, electronics and power transmission, the theory is that the price of copper is the canary in the coal mine – a harbinger of what is going to come next. Rising copper prices signal a growing economy and falling copper prices signal an impending slowdown.