Are you looking for a scrap dealer or market in Dubai? With lots of scrap dealers in the UAE, it might be challenging to run into a good scrap dealer who offers reasonable scrap metal rates. Therefore, the majority of scrap business investors are profoundly searching where the scrap market in Dubai is. Good news, in this article, we’ve done in-depth research and compiled some of the best scrap dealers in Dubai for your scrap metal business.
So, here is a list of the best scrap dealers in Dubai with better scrap metal rates and offers.
- Al Sifah Metal Scrap TR.LLC
- The Al Group
- The Lucky Group
- The Toronto Metals Trading LLC
- The Blue Sea Metal Scrap Trading LLC
With the above scrap dealers in mind, you can skyrocket your scrap metal business in Dubai to a higher level. What makes the above scrap dealers the best in Dubai is their ability to deal with more than one scrap processing and manufacturing at the same time? As a scrap business owner, you’ll have your place when dealing with these scrap dealers in the UAE.
Additionally, Dubai is well-known to be among the top ten ferrous scrap suppliers in the world. Having its routes in the tourism and oil business industry, Dubai has provided a safe ground for scrap business as well. So, what makes Dubai among the top-tier suppliers of ferrous scrap in the world? You might wonder, right?
Apart from the growth of infrastructure in the UAE, the country is termed to be one of the stable countries economically. In addition, it has a sunny climate and offers a tax-free business environment that promotes all kinds of Scrap Business License. Therefore, all these factors put in place plays a monumental role to ensure the scrap business in Dubai is ablaze.
Similarly, the oil industry in Dubai contributes to the scrap business in UAE where steel is largely used for fabrication processes. Also, some of the used cars from African countries are usually shipped to the United Arab Emirates for scrapping purposes. Thus, this, therefore, portents major growth in the scrap business in UAE in the coming years.
In addition, the sunny climate sometimes results in more heat in the country which makes the UAE residents purchase refrigerators and air conditioners to cool them in their homes. Therefore, when these gadgets are worn out, the residents reject them. These, therefore, contribute to another source of scrap metal in the country.
So, it is needless to say scrap metal business in Dubai is growing exponentially. And investors are looking forward to investing in the scrap metal business in UAE. Nonetheless, familiarizing yourself with where the scrap metal business in Dubai is, is one step to your scrap business success.
|Company Name||Launch||Head Office||What they Deal With||Countries they deal with|
|Al Sifah Metal Scrap TR.LLC||N/A||Sharjah||Ferrous and non-ferrous metal scrap||Serve majorly customers in Dubai|
|Toronto Metals Trading LLC||2008||Dubai||Recycle ferrous and non-ferrous metals||India, the Middle East, and Europe|
|Ala Group||2004||Chicago||Scraps||China, Pakistan, Hong Kong, United Kingdom|
|The Lucky Group||2010||Dubai||Metal Recycling and aluminum alloy manufacturing||N/A|
|Blue Sea Metal Scrap Trading LLC||2008||Sharjah||Scrap Recycling||The Middle East and East and West Africa|
Different scrap dealers in Dubai operate with different countries and engage in different scrap metal activities. Thus, the scrap business owners in Dubai are spoilt from choices when it comes to which scrap dealer to deal with.
If you are much into scrap recycling, then dealing with Blue Sea Metal Scrap Trading LLC will be the best choice to make. On top of that, you can use the table above to select the best scrap dealers to work with within Dubai. For more information about the best scrap dealers to work with within the UAE, continue reading.
Best Scrap Dealers in the UAE
Skyrocket your scrap metal business in Dubai with the following top scrap dealers in UAE.
Al Sifah Metal Scrap TR. LLC
In case you want to deal with the top scrap dealers in Dubai, then Al Sifah Metal Scrap TR.LLC got you covered. This scrap dealer majorly deals in both non-ferrous and ferrous metal scrap in Dubai. They have a certified trading license issued by the UAE authorities dealing with scrap-related issues in Dubai.
Similarly, they are packed with a team of professional and experienced individuals who know the value of scrap and help in the optimum environmental conservation. Al Sifah majorly deals with customers in Dubai ranging from the petrochemical sector, construction industry, power sector, and oil.
So, having a network of partners helps them to engage in super deals globally and are always updated with the current scrap metal rates. In addition, these dealers operate using the latest equipment of state-of-the-art technology.
Toronto Metals Trading LLC
This scrap dealer is considered as the top trading company of recycled ferrous, scrap, and non-ferrous metals with a worldwide presence. Toronto mainly deals with recycling industries including refineries, processors, manufacturers, and more.
Other countries this dealer deals with are India and the European countries. Therefore, Toronto deals with the recycling of non-ferrous metals of all types, for instance, lead, copper, and zinc. Also, this dealer uses environment-friendly methods to treat their scrap.
Ala Group has been in the scrap industry for a long time, hence, they are rich in scrap metal business experience. One of the best features about Ala Group is they operate 24/7 to provide its customers with the best customer service in Dubai.
This dealer works with countries such as China, the United Kingdom, Pakistan, Hong Kong, Africa, and the United States of America. The success of this company has been largely contributed by Abdul Rehman who happens to be the founder of Ala Group.
Ala Group also works with the latest technology and includes a team of more competent people in the scrap metal industry.
The Lucky Group
If you are looking for a dealer dealing with aluminum alloy manufacturing and metal recycling, then Lucky Group will be the best fit for your scrap business. These dealers have encountered tremendous growth because they are using the latest cutting-edge technology.
In the same vein, they are highly recommended because of the high-quality materials they are dealing with in their manufacturing and recycling of metals. Thus, they deal with the recycling of ferrous scrap, scrap copper, aluminum scrap, and brass scrap.
The Blue Sea Metal Scrap Trading LLC
Ever since 2008, this dealer has established itself as a trusted scrap metal company in Dubai. On top of that, they source their scrap from other countries across the globe including the Middle East and the East and West Africa.
They deal with high-quality scrap metals and are known for their timely delivery.
As a new investor, it might be challenging to locate where there are scrap metal markets in Dubai or the top scrap dealers. Thus, in the event, you may end up quitting to start a scrap metal business in Dubai.
Therefore, if you want to deal with the top scrap metal dealers in Dubai, consider reaching out to Al Sifah Metal Scrap TR. LLC, The Lucky Group, The Blue Sea Metal.The Blue Sea Metal Scrap Trading LLC, or the Ala Group scrap dealers depending on your scrap metal business.
More Helpful Information
Scrap Business License-Which one is required in Dubai for Scrap Business?– To get the required license in Dubai is not easy. Find out in this POST the type of license you need for your scrap business.
Top 7 Requirements to set up a Scrap Business in Dubai–Do you want to start a scrap metal business in Dubai? This cool resource will help you know the requirements you’ll need to stick to when starting a scrap metal business.
The UAE is among the top ten suppliers of ferrous scrap in the world. Scrap metal comes from different sources, including manufacturing, household goods, automobile, and foreign markets. Items from Africa, South Asia, and, far East are often exported to the UAE and then sold as scraps worldwide.How good is scrap business? ›
A scrap waste can fetch some handsome money. In this way, setting up a scrap collection business as a small-scale industry is a good idea as it not only helps in turning the unused waste into usable products but also generates employment opportunities and brings some financial benefits.What is scrap metal business? ›
Scrap is a term used in the industrial sector to describe goods made of metal or other materials that cannot be repurposed. Metals are recycled and melted down to create new products. As a result, scrap business is a way for entrepreneurs to make money by collecting these raw materials.How is scrap price calculated? ›
- Determine the number of scrap items. Production teams often record and handle the waste items and materials that occur during the manufacturing process. ...
- Calculate the total number of completed items. ...
- Substitute these values in the formula. ...
- Multiply by 100 to get a percentage.
China and India are consistently among the world's leaders in scrap metal imports, though numerous countries which also export scrap metal are often found at the top of those lists as well, such as the United States, Germany, and the Netherlands.How can I make a lot of money scrapping? ›
Copper is the most valuable scrap, selling for nearly $4 per pound as of January 2021. However, you can also make money recycling aluminum, cast iron, car batteries, plumbing brass, stainless steel, large appliances, lead, transformers, and more.How can I make money from scrap? ›
- Sort your scrap metal before you arrive at the scrap yard. ...
- Wait until you have a reasonable amount of one type of metal. ...
- Call ahead and find out if your scrap metal needs to be cleaned. ...
- Arrange a collection for larger amounts. ...
- Get paid instantly.
Profitability of the business
Selling scrap metal is probably the most profitable form of recycling, in terms of money as well as benefit to the environment.
- Conducting market research for a car scrap yard.
- Positioning yourself on the scrap yard market.
- Scoping out the right location.
- Choosing your legal structure.
- Identifying the equipment and staff needed.
- Creating a marketing plan.
A scrap metal dealer is someone who deals with the sale of scrap metals and must have a licence in order to do so. Anyone who is a motor salvage dealer, or conducts business, which deals in any part of the buying and selling of scrap metals, may be deemed a scrap metal dealer.
Scrap metal is one of the most profitable businesses in Dubai.Do I need license to export scrap metal? ›
Anyone wishing to carry on a business as a scrap metal dealer needs a licence. A person carries on a business as a scrap metal dealer if he: carries on a business which consists wholly or partly in buying or selling scrap metal, whether or not the metal is sold in the form in which it was bought, or.How can I improve my scrap business? ›
- Know the Product. Knowing the product well will make you understand the customers well. ...
- Pricing. Metal pricing is affected by daily market fluctuations. ...
- Understand Industry. Understanding the industry means knowing the technical terms and other vernacular of the industry. ...
- Build Relationships. ...
- New Business Site.
- #1 Bare Bright Wire$2.40/lb. #1 Copper Tubing / Flashing$2.10/lb. ...
- Insulated Copper Wire (Cat 5/6)$0.62/lb. Romex® Wire$1.12/lb. ...
- Aluminum NA. ...
- Car Batteries$0.22-$0.26/lb. ...
- Car Batteries$0.22-$0.26/lb. ...
- Small Foreign Cat$82-$97/each. ...
- Steel $0.03-$0.05/lb. ...
- Clean Green Motherboards$1.15/lb.
Now let's start using trash for cash!
- Aluminum Cans. ...
- Plastic and Glass Bottles. ...
- Ink Cartridges. ...
- Cardboard. ...
- Electronic Waste. ...
- Scrap Metal.
Common Scrap Metal Household Items
Stainless Steel Sinks and Brass Faucets– These are commonly found inside kitchens or bathrooms. Bring this in and use that money for that farmhouse sink that you've always dreamed of. Copper Pipe or Tubing – Also found in your kitchen and bathroom are copper pipes or tubing.
Copper is King
For most scrappers, copper is the king of scrap metal because it gains as much as $2 to $4 per pound. When it comes to scrap metal, that's a pretty high amount, especially compared to other metals like aluminum or brass.
Scrap value is the worth of a physical asset's individual components when the asset itself is deemed no longer usable. After a long-term asset—such as machinery, vehicle, or furniture—has gone through its useful life, it may be disposed of. Scrap value is also known as residual value, salvage value, or break-up value.What is worth money in scrap? ›
Non-ferrous metals such as aluminium, copper and brass are typically worth more at the scrap yard than ferrous metals (those which contain iron).What is the best place to find scrap metal? ›
- Shooting Ranges. Brass shells are a valuable source of scrap metal. ...
- Charities. All kinds of charities accept household donations, but many do not accept large metal appliances. ...
- Storage Companies. ...
- Medical Care Facilities. ...
- Farms and Ranches.
They'd warn that a disruption in the trade could seriously handicap the country's exporters, and complain that China — the world's biggest buyer of scrap — didn't have much control over prices set abroad.Which recycle business is most profitable? ›
- Top 10 Most Profitable Recycling Business Ideas.
- Cooking Oil.
- Used Clothes of Children.
- Recycling of Tire.
- Scrap Gold.
- Wood Recycling.
- Recycling Papers.
- Electric Wire Recycling.
Scrapping metal is where you can make money on items people pay others to haul away. In many ways, this hobby can bring in extra money, as long as you know what you're doing. If you want to make this a profitable hobby, here are a few tips to get started!Where is the best place to find copper? ›
The largest copper mine is found in Utah (Bingham Canyon). Other major mines are found in Arizona, Michigan, New Mexico and Montana. In South America, Chile, the world's largest producer, and Peru are both major producers of copper.Is scrap a profitable business? ›
Ans- Scrap business in India is one of the highly profitable businesses that need a medium to modest investment. It has a very good future along with high-profit margins.Can you scrap a washing machine for money? ›
#2 Major appliances
Large household appliances like washing machines, refrigerators, and freezers contain large amounts of valuable metal that can be sold as scrap.
It is illegal to pay for scrap metal in cash.What is the profit margin in scrap business? ›
Apart from this, the profit margin of the scrap business is estimated to be 70% which may increase to 100%.What is the process of scrap? ›
The scrap arising during the manufacture of finished articles from iron and steel, and usually returned to steelworks after sorting and processing by scrap merchants. Click here to see list of references, authorities, sources and geographical terms as used in this glossary.What does the scrap dealer sell? ›
The scrap dealer sells crates of contraband called suspicious packets in exchange for Tainted Metal. These can include Quad Servo, Walker Brain, Drop Pod Coordinate Data, or Suspicious Upgrade Modules (X-Class).
A scrap metal broker helps facilitate the sale of scrap metal between a seller and a buyer. Your profits in this role depend on the going rates for metals. Copper brokers can potential earn the most money.What is a scrap buyer? ›
a person who buys and sells old metal, etc. that can be used for new purposes.What is the most profitable business in Dubai? ›
- Real Estate. The UAE is home to 8.92 million expats. ...
- Imports/Exports. The UAE is strategically positioned between Western Europe and the US and the East. ...
- E-Commerce. In 2021, the global e-commerce market hit a whopping $13 trillion valuation. ...
- Healthcare. ...
- Identify your area of focus in the business.
- Determine the business budget.
- Craft a business plan.
- Seek financial support.
- Secure space for the business.
- Business registration and licensing.
Imdaad offers nine collection vehicles, 291 recycling points and 53 recycling centres in Dubai for residents.Do I have to declare tax on scrap metal? ›
Do I have to pay tax on scrap metal sales? Yes, you should be paying tax on any money you make from scrap metal sales. It's usually best to set up a designated account for scrap sales, and include it all within the turnover.Can I import scrap? ›
Any traders who want to import Hazardous waste like Paper, Scrap Metal, E-waste, and Scrap Pastic need to have license. Without this license, they cannot import. This is a mandatory license from the pollution board.Is there money in scrap metal business? ›
Trading in scrap metal is a great way to make some extra money, as well as helping to protect the environment by recycling your waste. However, if you're not organised then it can actually take up a fair amount of time and you might not get the best value for your scrap.What is the most profitable metal to recycle? ›
1. Copper. Copper is one of the most valuable scrap items. Most scrap dealers will buy copper at a high price because it consistently generates high value.How do I market my scrap business? ›
- Know Your Competitors. ...
- Get More Customers. ...
- Employ Effective Social Media Marketing. ...
- Use video content. ...
- Email Marketing.
A car scrapyard makes money from selling car parts, is the what you mean. Metal does sell for a lot of money and can be recycled and reused. If you've ever bought sheet metal, it's not cheap. They sell scrap as parts, or for the price of the metal.