How Important is the UK’s Younger Generation to Scrap Metal Recycling?

Scrap MetalScrap metal businesses remain relevant in the UK, although smaller businesses face the problem of finding successors to an aging workforce.

Some owners of recycling centres also intend to pass on their business to family members. The only problem, however, involves the unwillingness of their kin to take over the business. Mentorship will be important since it is possible to break the law unknowingly when selling scrap metal.

Research Findings

While there are still many copper wire recycling companies that will continue to run for years, the younger generation has a huge role in keeping the industry afloat.

A British Metals Recycling Association (BMRA) study showed that many small recycling yards could shut down if nobody from the owner’s family would be willing to operate the business.

The Young British Metals Recyclers then became a solution for those who want to know more about metal recycling, yet lack the necessary skills and knowledge. The initiative includes apprenticeship on being familiar with environmental policies, as well as making sure that you procure and sell scrap metal through legal means.

Legal Compliance

If you are looking for a legitimate copper wire recycling business, be aware that it is illegal to accept payments that are untraceable. BMRA CEO Robert Fell said that this simply means that private sellers should not pay with paper money, as it can be hard to track cash payments.

The Scrap Metal Dealers Act has been enforced since 2013 to prevent metal theft. It requires recycling yards to conduct a thorough identification of their potential customers. Even if they passed rigorous checks, there should be a paper trail for the transaction kept on record for three years.

Scrap metal recycling could be a good source of income, especially now that metal prices in the UK seemed to have increased again. When choosing a recycling company, pick one that offers a total waste management solution.