Reduce, Reuse, Recycle. We have all heard these three terms for years. Whether you are separating your glass from your paper at home in order to save the planet (or to not be the only family on the block without recycling bins on the curb), or trying to turn your scrap carbide into a sustainable income source, we all understand the importance of making the most of the resources that we have.
I have been a member of the Tungco team since March of 2014. Last fall I completed a CPE course entitled Best Practices for Getting Paid Faster (Invoicing Best Practices). I was impressed with the relevance it had to not only our company’s accounts receivable, but to all companies.
I have been in the Scrap Metal industry recycling Tungsten Carbide for the last 20 years, the last 4 of which have been with Tungco and I have seen many ups and downs. From 9/11, to financial collapses to global unease and pandemics, the one thing I have learned is that while the world still turns, our business does get affected, but at the end of it all, we come out stronger and more knowledgeable.
Tungsten is an extremely strong metal that has many uses. From tungsten carbide drill bits to steel alloys, this durable metal has dozens of uses that impact all kinds of industries around the world. In fact, this metal is so powerful that even tungsten carbide powder scrap is valuable.
There are so many uses of tungsten carbide for dozens of industries. The price of tungsten carbide keeps fluctuating and the market is doing quite will as of late, due to a variety of reasons. One of the main factors that is contributing to the price of tungsten carbide is major scientific discoverers.
Tungsten was discovered 236 years ago in the early 1700s but was not applied to any specific industry for another 150 years. Nowadays, thanks to some innovative thinkers, advanced technology, and a lot of spare time, this durable metal isn’t just used to improve the manufacturing sector, but rather in some other unique ways as well.
Tungsten carbide is an important material used in dozens of industries. On a global scale, there are hundreds of buyers and sellers of this durable metal. Hopefully, this guide will help you better understand the world of metal purchasing and recycling.