Scrap Metal Prices

CME METAL Prices  

SHFE METAL Prices

Scrap Metal Prices & Recycling News
olympus-ims.com
oxford-instruments.com
India's first used cars recycling facility opens at Chennai
Lead poisoning rampant in India battery recycling
International Conference on Recycling begins in India

India's first used cars recycling facility opens at Chennai

By (ScrapMonster Author)
August 05, 2011 12:00:57 AM
India's first recycling facility for used cars has opened in the southern state of Tamil Nadu

MUMBAI (Scrap Monster): India’s first recycling facility for used cars has opened in the southern state of Tamil Nadu, the Society of Indian Automobile Manufacturers (SIAM) said on Thursday.

It is an attempt to recover scrap material and spur growth of the automobile industry, SIAM said in a statement.

The facility is a part of global automotive research centre of the ministry of heavy industries in Oragadum near Chennai.

This facility is estimated to recover 1.5 million tons of steel scrap, 180,000 tons of Alumminum scrap and 75,000 tons each of recoverable plastic and rubber from scrapped automobiles by the end of 2020.

Currently, used vehicles are cut and sold for scrap by low-tech units in the unorganized sector; crude techniques used by the sector are polluting the environment and recovering low yields.

The facility is expected to help in the overall growth of automobile industry.

 

Also Read:
Start a discussion or add a comment
360
August 19th 2016
The monthly imports dropped to less than 500,000 for the first time in three months.
August 16th 2016
The sale is related to select SMM metal recycling facilities located in Tennessee and Mississippi.
August 12th 2016
Columbus firefighters battled a four-alarm fire at a recycling center on the South Side into Friday night. Officials advised nearby…
August 12th 2016
A face-to-face exchange may pave the way for fast-tracking the reopening of the metal export trade, closed by the government…
Paul Ploumis

Paul Ploumis
(ScrapMonster Author)

Paul Ploumis is the Scrap Monster Founder and CEO.  With years of experience in the Scrap and Recycling industry, he
Scrap Metal Prices
ItemPriceUnit
Old Sheet0.48$US / Lb
6063 Extrusions0.62$US / Lb
6061 Extrusions0.56$US / Lb
Zorba 90% NF0.52$US / Lb
#2 Copper Wire and Tubing1.90$US / Lb
Scrap Electric Motors 0.18$US / Lb
G
New Equipment
Chicago
P
Precious Metals Recycling
Tarkwa
H
New Equipment
Zhengzhou
A
Waste Collection & Disposal
London
W
Plastic Recycling
Coldspring