Selling scrap metal is one of the most profitable businesses. Many people are into this business and they earn huge amount of profits. But, to facilitate earning, it is essential to keep a check on the quality of the metals being offered for sale. More
The BEST ways to leverage your idle assets!
Consider the following situation: An association is reliably putting resources into new opportunities and solutions. An incomprehensible measure of assets (time, vitality, exertion and cash) is utilized to make them. More
Why is Excess Inventory Something To Worry About?
Management of inventory levels is just as important an aspect of business as any other. Just as scarcity of inventory can lead to several problems in the functioning of the business, excess inventory too, can cause several problems. More
Time to Let go of Non-Productive Assets; Moderate Moving Stock, Overabundance Stock, and Overloads!
For some organizations, stock is the most costly speculation they hold. It has become usual for a business to tie 50% [if not more] of its aggregate capital into stock. More
The Amazing Scope of Idle Asset Optimization.
Idle Asset Optimization comes with the realization that all the idle machinery that is locked up in warehouses, left to depreciate and gather dust, can bring in a high level of potential cash and returns for companies, if they are sold to the correct place. More
Ways to become a successful scrap metal broker.
The job of a scrap metal broker is to sell metals like Aluminium, Steel, Copper, Iron and the like. Selling scrap metal is the source of livelihoods for metal brokers. The prime advantage of being in this profession is that their scrap metal resale is very easy. More
What we can Learn from U.S.A about Scrap.
The United States is not only one of the world’s largest producers of steel scrap, but also the largest exporter of steel scrap. More
Carnage in the Metal Recycling Industry due to the Scrap Import Duty.
The 5% import tax levied on steep scrap in India two years ago, has had an incredibly adverse effect on the business. To add on to the ingredients that are now brewing up trouble for the metal recycling industry, India has signed FTA’s (Free Trade Agreements) with quite a few countries. More
Making Use of Your Excess Inventory.
Keeping excess inventory is a huge risk for a business. The fact that it is not generating any income and gradually losing its value cannot be ignored. More
Indian Yards to Increase Demolition of Ships to Meet the Scrap Metal Demand in the Country.
After a discussion on the prevalent inefficiency of the shipping market at the Sea Asia conference and exhibition held in Singapore (dated April 21-23 2015), a conclusion was reached to replace older and weaker vessels by breaking ships and turning idle ships, otherwise called floaters, into scrapped metal. More