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Mining Industry

How to Mitigate Key Safety Risks: Building Demolition of Mines, Oil & Gas Facilities

Some careers are much riskier than others: stuntman, rodeo, volcano tour guide. Unfortunately, that list of high-risk careers also includes almost every job related to the mining, quarrying, and oil and gas industry. In 2021, the fatal injury rate for the mining industry overall was 14.2 per 100,000 full-time workers. [...]
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Non-Ferrous Scrap metal being sorted

A Deeper Look Into Fluctuating Scrap Metal Prices

Sep 19, 2019
Scrap metal is essential to the Canadian economy. But dealing in the scrap metal market can be unpredictable, due to a number of factors that cause prices to fluctuate constantly. We break down some further complex reasons why the value of scrap metal recycled by companies like Richmond Steel Recycling change so frequently.  Ferrous and […]
Scrap Metal Construction

Why Do Scrap Metal Prices Fluctuate?

Sep 04, 2019
Canadian recyclers process over 16 million tonnes of scrap metal each year, making it the largest sector within the recycling market. But dealing in the scrap metal market isn’t always easy because of the commodity’s fluctuating prices. Values can change from day to day, so scrap yard managers keep an eye on market prices at […]
Sorting Scrap Metal

What is Recycled Metal Used For?

Jul 23, 2019
From bridges and roads to tin cans, a number of things that we encounter in our day-to-day lives are created from repurposed products. With almost half of the world’s annual production of steel, copper, and aluminum coming from recycled scrap metal, there is an enormous demand for scrap metal recycling. According to the Bureau of […]
Baling Scrap Metal

What Are the Benefits of Recycling Metal?

Jun 27, 2019
Scrap Metal recycling is seeing exponential growth due to environmental demands by governmental agencies in Canada and Richmond Steel Recycling is at the forefront of that advance. The Canadian Association of Recycling Industries (CARI) estimates that roughly 45 percent of the world’s annual production of steel, 33 percent of the world’s production of aluminum, and […]
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