scrap yard associate working on mobile tablet

The New Technologies Changing the Scrap Metal Industry

Scrap metal collection and sales have been around for decades, but advancements in technology are changing the way the industry operates. From new ways of collecting scrap metal to innovative selling methods, these technologies are revolutionizing the scrap metal industry. Read on for some of the innovations changing how we collect and sell scrap metal.

Onsite Waste Measures

“Smart” bins and containers for collecting scrap metal are equipped with sensors that can detect when they are full and need to be emptied. This means more efficient and timely collection, reducing costs and hassle and increasing profits. 

On construction sites, smart collection of scrap can take the form of new recycling and reclamation training for workers, automatic segregation or recycling of waste, and even onsite recycling. An onsite recycling center could crush concrete and brick waste to use as backfill or aggregate or shred wood waste to create mulch or biomass fuel.

Mobile Scrap Metal Processing

Mobile scrap processing is another innovation changing how scrap metal is collected and sold. Mobile processors can be brought directly to the site where the scrap metal is located, allowing for quicker processing and more efficient collection. This technology is particularly useful for remote areas where it might be hard to transport scrap metal to a processing facility.

Artificial Intelligence (AI)

Artificial intelligence is being used to optimize the scrap metal collection and sales process. By analyzing data on past sales, AI can help scrap metal dealers determine the best time to sell their materials and at what price and identify trends in the market, allowing for more strategic decision-making. Logistics headaches are a major focus of the newest in AI tech, as the most efficient ways of collecting and dealing with scrap are revealed.

The Blockchain

Blockchain technology is increasingly used in the scrap metal industry to provide a secure and transparent method of tracking the supply chain. What does this mean? In a nutshell, it’s just creating a digital ledger that records every transaction, all the way from the collection of scrap metal through to its sale. This means it helps prevent fraud and ensures all parties involved throughout the process are paid fairly.

3D Printing

3D printing can create new products from scrap metal. Melting down and reusing scrap metal with 3D printers means creating new parts and products that can then be sold for greater profit. This is particularly useful for creating custom parts that may be difficult to find elsewhere.

Grow Your Business with Action Metals

There you have it: some of the new technologies that are changing the way we collect and sell scrap metal. From smart bins and mobile processors to AI and blockchain, these innovations are making the industry as a whole more efficient, profitable, and sustainable. Plus, as demand for scrap metal continues to grow, we can expect even more advancements in years to come. Even things we can’t yet imagine!

The team at Action Metals is always finding ways to improve our facility and processes to better serve our customers and community. Trust us to help you with onsite cleanup, metals identification, scrap pickup services, and accurate weight assessments. Contact us today!