Where is the metal?
This wasn't what I wanted to write but I just realized something that I never took note of. You should know when something is likely none of your daily business, you hardly give it any attention. So let's reserve the earlier article for the latter and delve deeper into the world of metal and our economy. Metal is becoming a hot cake. Aside from metals, even rubber containers are sought after by manufacturing industries for product recycling.
One of the ways to keep and environment clean is to add value to things and it will surprise you how concerned humans can be. Have you ever gone to the spare to pick up a spare currency note from the floor? No matter the number of times you turnover it will be nay! Since the scrambling of the Nigerian economy nearly a decade ago it has been ALL high on products and services. Pan doors that could be bought around N20,000 to N25,000 naira is NOW costing up to N100,000 and more. How about the quality? Don't go there.
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Someone told me about his first gate he put in one of his buildings at those early times was around N120,000. He decided to do that to another of his compound and said he spent more than a million Naira to succeed in doing so. You can see where exactly we are NOW, no wonder the metal scrap business is becoming a very big industry. At first, it seems it was not interesting, scrap pickers would pay a dime for it, sometimes those owning such unwanted metals would just tell them to pick them and go as long as they were able to get rid of such load that inconveniences their environment.
So I was looking for a thin container this morning to test run something and it happened that I found none. Ah! What is going on? Just a thin container of maybe a finished milk or oath is this scarce? Even going into the packaging industry, a lot of amendments have been done. Tin containers have been replaced mostly by sachet. A lot of products we get from stores are packaged that way. Metal is becoming very scarce, there has been a complete environment ransacking for any piece of it found and the big buyers are paying good when weighed on the scales.
Ok, I found one when I headed to the storehouse, it is just because it wasn't thrown outside, I am sure its recycling process would have been completed by now. Anyway, I have to appreciate the advantage this has to the environment. We are witnessing a scrap free environment over where I am leaving. It is good to have your environment well kept and value has helped to curtail that challenge. I could remember when I was growing up, refuse dumping was done carelessly. Unused house appliances and gadgets were dumped within the house and it choked up everywhere.
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How big is the metal industry? Where is the future of this industry heading to?. Remember, humanoid is becoming a big vision to replace human labor. Let me keep this for another days article; it seems there is a lot to expound on it. That said, I can also say that our economic performance is not that encouraging, the prices for metal products (doors, gates, protectors) are very high. It is making it difficult for individuals to be able to build houses (Maybe a big opportunity for big real estate industries to leverage). I once told someone that the price of a single zinc is N8000 and he thought I was joking.
He only agreed upon what I said when someone that was with us attested the same. When planning of building even your personal bungalow carry your millions. This was something that N900,000 to N1,000,000 was able to manifest as long as the land was available. One can't build a house around here without putting in those protectors and iron doors. It has become some sought of building standard here. Beyond standard, security is very mandatory.
To conclude, let me add, there is a high demand and value for metals. First, the building and construction industry is just beginning over here. There are still many roads and facilities to be put in place when talking about government and commercial demands. Coming home to real estate, both individual and corporate builders are metal dependent. This industry is just on its scratch level. This means if the economy stays this way or even increases in price of good, metals will become more rare and costly.
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