Rumbidzai Mufuka for GlobalAtlanta
Increasing demand for scrap metal in Asia spurred Atlanta-based Green Parts International Inc., an auto salvage and repair parts business, to create a new division to broker scrap metal exports.
The new division will also handle exports to countries in Africa, Europe and the Middle East as well as Bangladesh and India.
“The scrap metal division of Green Parts is a natural step from our auto salvage business,” Asif Balagam, president, told GlobalAtlanta.
“We were already acquiring damaged cars, salvaging parts and sending some [cars] to be rebuilt in Nigeria and Panama, for example. Recycling and brokering the scrap copper, aluminum and steel was the next logical step,” he said.
In 2001, China became the world’s largest importer of scrap metal, surpassing Korea and Turkey.
Mr. Balagam said he expects the boom in demand for metal in China to continue as the 2008 Beijing Olympics and the Shanghai World Expo in 2010 draw closer.
Both divisions of Green Parts will have a booth at the 2006 World Scrap Metal Congress, Nov. 6-7, in Shanghai, China, in an effort to finalize and initiate contracts surrounding the new construction, he said.
To take advantage of cheaper shipping to China from the U.S. west coast, Mr. Balagam said an export division of the company is being established in California.
For more information, contact Mr. Balagam at (404) 589-8000 or visit www.greenparts.com.