Scrap Metal Recycling and the Circular Economy Wheel

This world has only finite resources. Through the current linear economy, we are wasting these resources and encouraging the growth of climate change at an all-time high. So, new approaches are now growing. One of these is scrap metal recycling. Unfortunately, not many people are aware of the impact that this service has on our circular economy. So, to help you understand this service and clear any questions, we have prepared this guide for you. If you are looking to learn more, contact M&M Recycling today.

What Is A Circular Economy?

There is a common misconception that a circular economy is reducing the use of an item, reusing it, and, in the end, recycling it. This is far from the truth, as the circular economy involves a complex network of being able to make the item of use when it’s no longer needed. To understand the circular economy wheel, we can put it into three points:

• Avoiding Harmful Activities: A circular economy aims to avoid activities that can harm humans, animals, and the environment in general. This means that it can help fight climate change and various health impacts that a normal economic wheel would cause.
• Keeping Items In Use: With a circular economy, items are encouraged to be reused. The process of keeping the materials rather than throwing them out and circulating them to create new items that are in the same or different sector as the item that was introduced encourages an environment where no constant extraction is needed.
• Regeneration: Lastly, due to its peaceful approach to item regeneration, a circular economy avoids the use of non-renewable energy, including the common use of fossil fuels. Preserving these energies allows the environment to improve actively.

How Does It Compare To A Linear Economy?

Now that we have gone over the concept of a circular economy, we now have to look at the current linear economy. A linear economy is quite simple. An item is produced and then sold to a consumer. The consumer uses this item and, in the end, throws it away for it to fill up the landfills. Due to the use of natural resources, there has been a tremendous increase in waste throughout the years.

Scrap Metal’s Involvement In Circular Economy Wheel

Scrap metal recycling is a service within the circular economy wheel. By giving items that contain metal that the consumer no longer uses, the need for mining and extracting new raw materials to supply the demand decreases. This helps in four different ways. The first is to preserve the natural resources of Mother Earth. The second way is to prevent using heavy machinery and labor to extract these resources, which spurs climate change. The third way is to create local economic benefits. By recycling, you can help the growth of this sector, thereby increasing the job opportunities and the industry in your country. The last benefit is to the recycler. By giving scrap metal to a facility, the recycler earns money based on what they bring and how much they bring. If you want to learn more about how it can benefit you, call a scrap metal company today.

M&M Recycling

At M&M Recycling, we are one of Atlanta's top-paying scrap metal buyers. Our facility accepts a range of ferrous and nonferrous materials, so we are always at your service. Call us today to learn more about us and our services.