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Scrap wholesaling is a form of recycling and is a major part of the recycled materials market. It involves the collection, sorting, and sale of scrap materials such as metals, paper, plastics, and glass. Scrap wholesalers purchase scrap from individuals, businesses, and other sources, and then resell it to recyclers, manufacturers, and other buyers. The scrap wholesaling market is an important part of the global recycling industry, providing a valuable source of raw materials for the production of new products.
Scrap wholesalers must adhere to strict environmental regulations and safety standards to ensure the quality of the scrap they purchase and resell. They must also be knowledgeable about the different types of scrap materials and their respective markets.
Some companies in the scrap wholesaling market include Sims Metal Management, Schnitzer Steel Industries, and Commercial Metals Company. Show Less Read more