3 Industries Affected by Steel and Aluminum Tariffs

Long tubes of metal and if you need assistance with removing your metal recycling a national company in Burnham has a great reputation.

Nearly all businesses in the United States, as well as all consumers, rely on metals for a variety of purposes. Indeed, your home refrigerator or oven wouldn’t be what it is without metal.

There are countless industries that rely on the importation of metals in order to do business. Which is why the decision of the U.S. government to implement taxes on imported steel and aluminum could have a large effect on the following industries and the overall American economy–

Manufacturing Industry

Businesses in the manufacturing industry are likely to use the greatest quantities of metals. Manufacturing companies that are dependent upon steel, aluminum, and other metals include manufacturers of appliances, electronics, and airplanes.

Construction Industry

According to the same article cited above, there are a whopping 10.1 million Americans who are currently employed in the construction industry. As steel prices increase, the price of steel beams (which are integral to construction) will go up, making building a more expensive endeavor for construction companies nationwide.

Oil and Utility Industries

If you’re struggling to see the connection between the oil and utility industries and steel and aluminum importation, consider that both of the former industries rely on steel in order to manufacture pipelines. These pipelines are a critical piece of energy infrastructure. Of course, these industries also use steel and aluminum for the manufacture of wires and beams (and numerous other things), too.

How Much Do We Really Rely on Imported Steel?

Without the importation of steel and aluminum, the American economy simply would not function. To be sure, of the 100 million tons of steel used in the U.S., imports make up approximately one-third of that. Nearly two-thirds of aluminum used in the states is a result of imports.

What About Domestic Steel Production?

The pressure is on for domestic steel producers to close the import gap as prices for imported steel and aluminum that increase. Additionally, now more than ever before, the recycling and responsible processing of scrap metal are of vital importance.

For businesses that are affected by metal and scrap metal, having a trusted partner for processing and recycling services can provide peace of mind – Scrap Metal Services, LLC can help.

To learn more about our scrap processing and recycling services, please reach out to us today. You can reach our Burnham, Illinois location at 708-730-1400 or get in touch with us by sending us a message using the contact form found online.

What’s the Difference Between Ferrous and Non-Ferrous Materials?

Scrap metal in warehouse and if you need a service to remove your scrap metal find one in headquartered in Burnham.

Businesses in the manufacturing industry, as well as some other industry types, are left with a variety of scrap metals at the end of the day. Businesses with scrap metals are tasked with the challenge of finding a responsible scrap metal recycler that will handle both ferrous and non-ferrous materials. The following takes a look into the difference between the two materials types:

Ferrous Materials – What Are Those?

Ferrous metals are those metals that contain iron. Some of the most common ferrous metals include (but are not necessarily limited to):

  • Carbon steel;
  • Cast iron;
  • Alloy steel; and
  • Wrought iron.

Ferrous materials are extremely useful in a number of industries. For example, because most ferrous materials are magnetic they are also key in the appliances and electronics manufacturing industry.

Non-Ferrous Materials: Metals that Lack Iron

If ferrous materials are those metals that contain iron, non-ferrous materials are those that do not. While ferrous materials are certainly valuable in certain industry types, it is actually non-ferrous materials that are typically more expensive and sought after, based on their many desirable properties such as resistance to corrosion (ferrous materials tend to rust), light weight (ferrous materials are heavier), and higher conductivity. A list of important non-ferrous materials include:

  • Copper;
  • Tin;
  • Aluminum;
  • Nickel;
  • Brass;
  • Zinc; and
  • Titanium.

The majority of non-ferrous materials are used in the manufacturing of things like electrical wire, pipes, kitchen equipment, ornaments, water taps, and more. Precious metals, like gold, silver, platinum are also non-ferrous.

Handling and Processing of Your Ferrous and Non-Ferrous Materials

At Scrap Metal Services, LLC (SMS), we provide handling and processing services of your business’ ferrous and non-ferrous materials, offering you the peace of mind you’re looking for. Our non-ferrous metals process services include:

  • Baling;
  • Separating metals;
  • Breaking aluminum; and
  • Processing zorba and other scrap.

All processing, whether of ferrous or non-ferrous materials, is done in a manner that is compliant with regulations and prioritizes best practices for protecting the environment and worker and human health.

Contact Us Today to Learn More About Scrap Metal Processing of Ferrous and Non-Ferrous Materials

At SMS, we are a worldwide leader in scrap processing, including the management of both ferrous and non-ferrous materials. If you have questions about how we can help your business or the scrap processing services we provide, do not hesitate to contact us. We have offices across the country, but our headquarters are in Burnham, Illinois. Reach us today for more information at 708-730-1400, or by sending us a message at your convenience.

3 Reasons to Work with Scrap Metal Services, LLC

Pile of Scrap Metal ready to be sent off site and if you are looking for a scrap metal business find one in Burnham.

All business in the manufacturing industry require a trusted scrap recycler; indeed, the majority of manufacturing businesses will be left with scrap metal that they cannot use, nor recycle on site on their own. But more than just knowing that a scrap recycler is needed, businesses are tasked with finding a reliable scrap company that can recycle scrap, decommission railcars, and dismantle ships and vessels. At Scrap Metal Services, LLC (SMS), we can do all of the above and more. Here are three reasons to work with our team if you are in need of scrap recycling services:

1. More Than a Decade of Experience and Success

The first, and one of the most pressing, reasons to work with our team is the fact that we have more than a decade of experience providing superior scrap processing services worldwide. We have established our company as a leader in the industry, and have build a reputation of success and excellence amongst our customers. Our business history shows that we know what we’re doing, are trusted, and operate within all regulations.

2. Complete Management of All Logistics

When you are looking for a scrap recycler to handle your business’ needs, you don’t want to have to worry about spending hundreds or thousands of dollars in time and transportation to figure out scrap management and recycling logistics. Instead, you want to be able to hire a company who can handle all logistics for you. From providing containers for scrap storage to arranging transportation (we even have our own fleet of water vessels and rail) to offer onsite deconstruction and dismantling services and more, we handle all elements of scrap recycling, and pay you top dollar for your scrap to boot.

3. Responsible Scrap Recycling that Prioritizes the Earth and Human Health

Finally, when you choose a scrap recycler, you want to be able to work with a company that is in compliance with all state and federal regulations for scrap management and recycling, and actually cares about the earth and human and worker health and safety. When you work with our team, you’ll find nothing short of excellence when it comes to putting our workers first and making sustainability a top priority. We’re a company you can feel good about partnering with.

Contact Us Today to Learn More

If you want to learn more about why you should work with our company or how we can help you meet your business’ goal, please contact our headquarters in Burnham, IL today at 708-730-1400, or by email. We look forward to partnering with you!

How Is Scrap Metal Value Set?

If you’re the owner of a business that produces scrap metal, understanding how the value of that metal is determined–and therefore how much you will be paid for selling and recycling your scrap metal–is a very important consideration. You surely want to get top dollar for your scrap metal, which means working with a trusted scrap metal processor that uses fair factors to determine an offer. Here’s a look into factors that affect the value of scrap metal, and therefore how much your scrap may be worth:

Supply and Demand

Of course, one of the driving factors in the value of scrap metal is the theory of supply and demand; how does the current supply of certain metals meet consumers’ demands? When there is a supply shortage and the demand is greater, prices will increase; on the contrary, if there is an excess in supply and no demand for materials, prices will decrease.

Ferrous vs. Non-Ferrous Materials

Another thing that will affect the value of your scrap metal is whether or not your scrap is ferrous–which means it contains iron–or non-ferrous–which means it does not contain iron. Currently, non-ferrous materials tend to be more highly valued, as they are used in more industry types. Ferrous materials tend to be less sought after, which means that you probably won’t get as much money for this type of scrap metal.

The Location of Your Scrap

Overhead costs that are associated with the transering/transportation of scrap can also affect the value of your scrap metal, as a scrap recycler/purchaser will probably offer you less money if overhead costs are high in order to counter this. However, if you’re located in a location where scrap metal is more difficult to acquire, the demand for your scrap may increase its value.

Global Scrap Value

Remember that it’s not just prices throughout your state or the United States which affect the value of scrap metal, but global markets, demands, and economies.

Why Work with Scrap Metal Services, LLC

When you work with Scrap Metal Services, LLC, we will pay you top dollar for your scrap. We are able to do this by following all scrap value trends and setting a fair price based on real data. Not only do we pay you the maximum value for your scrap, but we also handle all logistics on your behalf in order to minimize costs and stress on your part.

To learn more about our scrap recycling services, please call our headquarters in Burnham today at 708-730-1400, or send us a message using the intake form on our website.