Monthly Archives: May 2019

How to Set up a Scrapping Workshop in Your Garage

2021-02-23T02:28:34-06:00Categories: How To|

So many people these days are looking for ways to earn a little extra cash. The gig economy in America is booming, but it’s not all roses. Folks driving for ride sharing companies, delivering food, or charging electric scooters put in a lot of work for small returns. They end up feeling like they’ve wasted a lot of time and effort making large companies richer. It’s led a lot of people to reassess what they want out of a side job. More and more they’re searching for how to turn a hobby or something fun into a small money-making venture. Metal scrapping is a great way people who love working with their hands can learn a skill and make some cash.

How Do Tariffs Affect Scrap Metal Recycling?

2021-02-23T02:35:44-06:00Categories: Industry News|

For the past few years, news outlets have focused intensely on the US government’s proposals for increased tariffs on steel and aluminum. The tariffs are part of his administration’s plan to lower trade deficits with other countries. Government officials hope that implementing tariffs on certain strategic goods will also support domestic industries. A particular focus of the government has been metal tariffs. The United States uses tariffs to charge a premium on imported steel, essentially creating a barrier to entry for foreign steelmakers. Over the course of 2018, US steelmakers saw high demand for domestic steel, that resulted in higher prices in new steel, as well as scrap metal. Scrapyards, professional recyclers and hobbyist scrappers are all watching the tariff situation closely. It’s uncertain what the future holds but understanding the effects of tariffs can help scrap metal recycling industry plan ahead.

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