03/02/2016
Scrap
Scrap is often taken to a wrecking yard, where it is processed for later melting into new products. A wrecking yard, depending on its location, may allow customers to browse their lot and purchase items before they are sent to the smelters, although many scrap yards that deal in large quantities of scrap usually do not, often selling entire units such as engines or machinery by weight with no regard to their functional status. Customers are typically required to supply all of their own tools and labour to extract parts, and some scrapyards may first require waiving liability for personal injury before entering. Many scrapyards also sell bulk metals (stainless steel, etc.) by weight, often at prices substantially below the retail purchasing costs of similar pieces. In contrast to wreckers, scrapyards typically sell everything by weight, rather than by item.
Recycling scrap metals can be quite beneficial to the environment. Using recycled scrap metal in place of virgin iron ore.