Tools commonly used in the Scrap Metals-Processing/Recycling (Wholesale) industry for day-to-day tasks and operations.

• Shears
• Grapples
• Magnets
• Balers
• Shredders
• Crushers
• Granulators
• Conveyors
• Separators
• Melting furnaces
• Torch cutters
• Plasma cutters
• Hydraulic presses
• Wire strippers
• Scales
• Forklifts
• Loaders
• Dump trucks
• Trailers

Common products and services typical of NAICS Code 423930-20, illustrating the main business activities and contributions to the market.

• Copper wire
• Aluminum cans
• Brass fixtures
• Stainless steel sinks
• Iron pipes
• Lead batteries
• Zinc sheets
• Nickel alloys
• Titanium scrap
• Magnesium castings
• Catalytic converters
• Radiators
• Electric motors
• Circuit boards
• Insulated wires
• Steel beams
• Car rims
• Metal roofing
• Metal furniture
• Metal sculptures

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• RIOS: Recycling Industry Operating Standard is a certification that ensures that the recycling facility is operating in an environmentally responsible and safe manner. It is provided by the Institute of Scrap Recycling Industries (ISRI).
• OSHA Hazardous Waste Operations and Emergency Response (HAZWOPER) Certification: This certification is required for employees who are exposed to hazardous waste operations. It is provided by the Occupational Safety and Health Administration (OSHA).
• EPA ID Number: This is a unique identification number assigned by the Environmental Protection Agency (EPA) to facilities that generate hazardous waste. It is required for compliance with the Resource Conservation and Recovery Act (RCRA).
• ISO 14001: This is an international standard for environmental management systems. It provides a framework for organizations to manage their environmental impacts effectively. It is provided by the International Organization for Standardization (ISO).
• Responsible Recycling (R2) Certification: This certification is for electronics recyclers and ensures that they are operating in an environmentally responsible and safe manner. It is provided by Sustainable Electronics Recycling International (SERI).

A concise historical narrative of NAICS Code 423930-20 covering global milestones and recent developments within the United States.

• The scrap metal industry has been around for centuries, with the first recorded use of scrap metal dating back to ancient times. However, the modern scrap metal industry began to take shape in the 19th century with the advent of industrialization. During this time, scrap metal became a valuable commodity as it could be melted down and reused in the production of new goods. The industry continued to grow throughout the 20th century, with the development of new technologies and the increasing demand for recycled materials. In recent years, the industry has faced challenges due to fluctuations in commodity prices and changes in global trade policies. In the United States, the industry has also been impacted by increased regulation and environmental concerns.

The anticipated future trajectory of the NAICS 423930-20 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Stable

  The future outlook for the Scrap Metals-Processing/Recycling (Wholesale) industry in the USA is positive. The industry is expected to grow due to the increasing demand for recycled metals from various end-use industries such as construction, automotive, and aerospace. The growing awareness about the environmental benefits of recycling and the implementation of stringent regulations by the government to reduce carbon emissions are also expected to drive the growth of the industry. However, the industry may face challenges such as the volatility of metal prices, the availability of scrap metal, and the competition from other recycling methods. Overall, the industry is expected to grow steadily in the coming years.

Recent groundbreaking advancements and milestones in the Scrap Metals-Processing/Recycling (Wholesale) industry, reflecting notable innovations that have reshaped its landscape.

• Use of advanced technologies such as artificial intelligence and machine learning to improve the efficiency of the recycling process.
• Development of new methods to extract valuable metals from electronic waste, which is a growing source of scrap metal.
• Implementation of blockchain technology to improve the transparency and traceability of the supply chain.
• Use of drones and other advanced technologies to improve the safety of workers in the recycling facilities.
• Collaboration between the industry players and the government to develop sustainable recycling practices and reduce the environmental impact of the industry.