We are Medco International, located in Brampton, Ontario, Canada. We are providers of a variety of products, which includes, scrap metal, Ferrous Metals and Non-Ferrous for the metal industries.
Include "mild steel, carbon steel, stainless steel, cast iron, and wrought iron". These metals are primarily used for their "strength and durability", especially mild steel which helps hold up the tallest skyscrapers and the longest bridges in the world. You can also find ferrous metals in housing construction, industrial containers, large-scale piping, automobiles, rails for railroad and transportation, most of tools and hardware you use around the house.
Due to the high amounts of carbon used when creating them, most ferrous metals and alloys are vulnerable to rust when exposed to the elements. While this isn’t true of wrought iron, which is so iron pure that it resists oxidization, or stainless steel, which is protected thanks to its "high chromium content", if you see rust, it’s a Ferrous Metal.
Most Ferrous Metals also have "magnetic properties, which makes them very useful in the creation of large motors and electrical appliances".
Most importantly, Ferrous Metals make up the "most recycled materials in the world".
Include aluminum, brass, copper, nickel, tin, lead, and zinc, as well as precious metals like gold and silver. While non-ferrous metals can provide strength, they are primarily used where their differences from ferrous metals can provide an advantage.
Non-ferrous metals are also much lighter, making them well-suited for use where strength is needed, but weight is a factor, such as in the aircraft or canning industries. Because they contain no iron, non-ferrous metals have a higher resistance to rust and corrosion, which is why you’ll find these materials in use for gutters, water pipes, roofing, and road signs. Finally, they are also non-magnetic, which makes them perfect for use in small electronics and as electrical wiring.
As far as recycling goes, aluminum is the third most recycled material in the world. However, Non-Ferrous materials like, copper, brass, and lead, are "scarce", and metallurgists rely heavily on scrap material recycling to make new ones. These cost more.
For the most part, "Ferrous scrap metals tend to be in good supply, so the prices tend to be lower than most non-ferrous metals". Because steel and iron alloys are constantly being recycled in high volume all over the globe, the prices for these materials are readily available on a month-to-month basis, dropping or raising only slightly, based on world economy and dollar fluctuation.
Non-ferrous scrap, as we mentioned before, are somewhat harder to come by and more difficult to create. This makes the "demand higher", which drives up the price per pound higher than ferrous metals. While aluminum prices don’t fluctuate often due to recycling, others like copper, and brass, can change drastically in just a month’s time depending on the needs of the markets.
All goods are transported in containers of 20ft or 40ft units, via truck, rail, and ship.
For any inquiries, please feel free to contact us, let us know what type of metals you require, thank you.