34 Aluminum Recycling
for dealers and processors to seek out scrap supplies from a much broader region
(Gianotti, 2012), resulting in increased competition and decreased prot margins
for smaller operations. In addition, small operations face increasing regulatory and
environmental costs. Scrap yards located in urban areas are often targeted for clo-
sure under zoning laws (Gordon, 2012; Meyer, 2005), and the noise and dust that
scrap processing generates are increasingly unacceptable. As a result, consolidation
in the scrap trading and processing industry has been an ongoing trend. The family-
owned scrap businesses have been sold to or merged with large public corporations
that operate on a national or even global scale. Such large corporat ...