When thinking of nickel scrap (Ni Scrap) and nickel alloy Scrap (Ni Alloy Scrap) many people dont think of it past the American currency of a nickel. Nickel scrap and nickel alloy scrap plays a key role in chemical and aerospace industries and well as constituting a vital role in the making of stainless steel.
Along with iron and cobalt, nickel is known as ferro-magnetic. When combined with the other metals and scrap metals, nickel scrap and nickel alloy scrap produce an unusually strong magnet. Nickel scrap and nickel alloy scrap can also be combined with other metals to conduct heat and electricity.
Close to 90,000 tons of nickel is recovered by recycling stainless steel and other nickel-iron alloys such as nickel scrap and nickel alloy scrap. Nickel scrap and nickel alloy scrap recycling at Monico Alloys plays a vital role in the recycling process of nickel since close to 40% of the nickel used each year is from recycled nickel scrap, nickel alloy scrap and scrap metal products.