ETHICAL TRADING
CRIMEFREE

SRC sees ethical trading as a priority and is actively involved in controlling crime within the metal recycling industry. We pride ourselves on having a zero tolerance policy with regards to trading suspicious or stolen scrap metal.

 

With this being said, SRC has implemented the following measures:

 

  • Our metal scrap yard is SAPS certified for “dealer” and “recycler” activities, in terms of the SHGA.
  • SRC has been a member of the Metal Recyclers Association of SA (MRA) for many years now, which is a SAPS accredited organisation.
  • Scrap metal valuations are conducted by mass measurement by on-site certified scale equipment.
  • All physical transactions are recorded photographically for future reference
  • All registered entities selling scrap metal must be able to provide proof of current SARS registration, valid tax invoices and bank details for receipt of EFT payments.
  • Parties selling scrap metal arising from contracts with state utilities, are required to substantiate the authority governing any related scrap metal disposals.
  • Other recycler / dealer suppliers must provide proof of SARS and SAPS registration.
  • Consumer / foundries are screened for legislative compliance prior to the establishment of a trading account with the company
  • Individuals must present valid identification, address, telephone and vehicle registration details.
  • Cash payments are restricted to a pre-determined maximum value, after which settlement defaults to EFT (or cheque) payment.
  • The company is actively involved within SAPS regional second hand goods forum.

Additional information can be found on the SAPS WEBSITE

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