As the scrap metal prices, including precious metals , have risen dramatically over the last few years, the theft of scrap metal has also dramatically increased.
Recently, on July 27, the Arkansas state legislature put a new law into effect that makes it illegal to sell scrap metal without official documentation of the origin of the metal. It's too early to tell what affect the new laws have, or will have, on the scrap metal buyer or the scrap metal recyclers in Little Rock, the state's capital.
Since early 2009, the price of copper, one of the many metals bought by the scrap metal buyer and the scrap metal recyclers, has gone from $3000 a ton to $10,000 a ton in 2011. And, scrap copper, usually taken from abandoned homes, industrial and commercial sites, railroads and power utilities, is one of the metals most often stolen and exchanged for cash by a scrap metal buyer.
Along with copper, prices of gold, aluminum, silver, steel, and just about any other metal have skyrocketed and business has been booming at Little Rock Arkansas Texas scrapyards where scrap metal prices are usually paid in cash to the individual, company or industry delivering the metal under a "no questions asked' policy.
Industrial Surplus Inc., servicing metal dealers and recyclers in Little Rock Arkansas Texas, has equipment that removes scrap metal, delivered to the yard or picked-up at the site by one of the recycling trucks or container vehicles, quickly and efficiently. The scrap metal is then checked for contamination and pollutants, cleaned, shredded, baled and processed. The bulk scrap metal is usually sold to steel or copper mills to be remelted and used to make new products.
In addition to the scrap metal operation, recyclers can often process plastics, paper or hard to dispose consumer electronic products such as computers, televisions and micro-waves. But, the market is hot for aluminum cans, tin, lead, steel and copper cable and steel from automobiles and appliances.
Industrial Surplus Inc. scrap metal recyclers will send its equipment to a site, a demolition site, and use mobile magnetic cranes to lift heavy loads of scrap metal and place the metal on to one of it's luggers or tractor and trailers and transport the metal to the scrapyard. Industrial Surplus, buying from Little Rock scrap dealers, has large commercial fleets of luggers, roll-offs, mobile cranes and tractor and trailers to pick-up scrap.
One of the largest dealers in the region, Industrial Surplus Inc,, of Houston, is looking for breakers and safety switches, fork lifts, pumps, transformers, turbines and parts, valves and welders. Industrial Supply Inc. pays immediately and is a complete asset recovery and demolition company for large industrial plants.