IRVING, Texas, March 3, 2023 /PRNewswire/ — Commercial Metals Company (NYSE: CMC) (“CMC”) today announced it has acquired all the assets of metal recycling company Roane Metals Group LLC (“Roane”). Roane is capable of processing approximately 85,000 tons of ferrous and non-ferrous materials annually at its two facilities located in Tennessee. The majority of volumes relate to obsolete ferrous scrap grades consumed by CMC’s long product mills. The acquired assets are expected to enhance the security and supply of competitively priced inputs to CMC’s steelmaking operations.
The History of Metal Recycling
We all know that there are infinite benefits to recycling your old scrap metal. It’s cleaner for the environment, significantly more cost-effective than mining, and can help to develop a more sustainable economy over time. Though obviously advantageous, it might surprise you to know that the concept of metal recycling is by no means new. The process of utilizing old or worn-out materials to create entirely new ones has been used since biblical times! Let’s take a look back through the history of metal recycling and find out why even our most ancient civilizations felt that scrap recycling was the
Tennessee Scrap Laws
Roane Metals Group makes this information about scrap metal laws in Tennessee available as a resource or supplement to applicable laws. This article is intended to summarize these scrap metal laws and is not intended as legal advice. Tennessee scrap metal laws is a topic that should be discussed regularly among police, community businesses, local governments, and scrap dealers in effort to stay informed on the latest scrap metal laws impacting what sellers can bring to dealers and recycling centers and remain safe while doing so. Sellers of scrap metal materials can range from individuals, groups, commercial companies, and major
3 Items You Can’t Legally Scrap in Tennessee and 5 That Give Us Pause
Metal recycling benefits the environment and the economy in multiple ways. Unfortunately, scrap metal has historically been an easy target for thieves, with metal theft almost always rising alongside the prices for precious metals, steel, bronze, and copper. Tennessee has multiple laws to help ensure that what ends up in the scrap yard has been sold by legitimate owners. Many of these laws have been on the books for decades and are a regular part of doing business as a scrap metal dealer. Some are new, but none are onerous, as long as you know what to expect when selling
Tennessee’s Catalytic Converter Theft Protection Plan
Tennessee has seen a massive uptick in the theft of catalytic converters in the past year. Nationwide, this crime has increased by 300% from 2019 to 2020. In 2020 alone, over 14,000 converters were reported stolen or missing. Most professionals speculate that this is due to the massive increase in unemployment that has occurred during the pandemic. To curb this wave of crime, Tennessee has instated a brand-new law in July preventing the illegal sale of catalytic converters. Why Catalytic Converters? To the untrained eye, a catalytic converter may seem like a random piece of car machinery to target, but
The 5 Most Valuable Scrap Metals in Your House
Even though it’s officially June, it’s still not too late to get into some last-minute spring cleaning! If you’re ready to refresh your surroundings, whether it’s a deep clean or maybe a remodeling, you are still going to have to clear out some space in your home. An easy way to do this is by collecting any old scrap metal you may find on the inside and outside of your place. Not only will this give you a little extra cash for décor shopping or other spending needs, but it’s also a great way to make the planet a little greener.
Answers to Your Scrap Metal FAQs
Want to scrap metal recycle but don’t know where to start? At Roane Metals, we understand success with scrap metal recycling can seem overwhelming if you’ve never recycled scrap metal before. That’s why we want to make it simple for you to turn your unwanted scrap metal into cash. So, if you’re ready to learn more about how scrap recycling can be an easy way to make extra money, here are some of our most commonly asked questions about scrap metal recycling. What metals do you accept? We buy a wide range of both ferrous and non-ferrous metals. These include:
Environmental Benefits of Recycling Scrap Metal
Scrap metal has long been a revenue source for companies and individuals alike. But recycling your scrap metal is not only good for your wallet, it also helps the environment in countless ways. Last year, U.S. metal scrap recyclers processed 130 million tons of scrap metal and other materials, saving energy, reducing greenhouse gas emissions, preserving natural resources, and limiting the amount of material headed to landfills. Below, we explain why scrap metal recycling has been so successful where other recycling hasn’t, and some of the key impacts metal recycling makes to environmental preservation.
Top 8 Places to Look for Scrap Copper
Copper is one of the most common metals scrappers will look for to sell at the scrap yard. It’s a highly sought-after commodity in the scrap metal recycling community because it’s worth a lot of money and can be found in a lot of different places. If you’re looking to find some copper to sell, try looking in some of these places. We’ve compiled a list of some of the best places and appliances where you can find scrap copper.
Copper vs. Brass vs. Bronze: What’s the Difference?
Have you ever looked at a piece of scrap metal and thought, “Is this copper, brass, or bronze?” These three metals can sometimes be a little confusing to tell apart if you don’t know what differences you’re looking for. After all, they’re collectively referred to as the “red metals” and are often used in similar applications. While they may look the same initially, these metals are all actually quite different from one another. Here’s how you can make the distinction between copper, brass, and bronze when you come across these scrap metals.