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Scrap metal business

A scrap metal business is a recycling company that collects and processes scrap metal from businesses and individuals. Scrap metal businesses typically purchase scrap metal at a discount from suppliers and then sell it to metal mills or foundries, buying a scrap metal business be sure to evaluate the company’s financials, scrap yard facilities, and customer base. You should also consider the potential for growth in the scrap metal industry and the competition in your market.

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