Government and lobbyists hope the ban will help reduce instances of metal theft in the UK.
New guidelines on the implementation of a ban on cash payments for scrap metal were released by the Home Office this week.
The new regulations will come into effect on December 3 this year. They will demand that all scrap metal dealers keep transaction records for purchases and that these must be made via electronic payment of cheque.
Alchemy Metals Ltd worked closely with Hertfordshire Police, allowing them to use our old Benington metal site for their undercover operation leading to the arrest of several metal thieves.
Six people have been arrested following early morning swoops at homes in North Herts.
The operation followed a six month probe by police targeting people who have stolen scrap metal.
Cops swooped on seven homes, and said they had arrested all the people they were looking for.
Police have carried out raids to tackle rogue metal traders, after a six-month covert investigation into the sale of stolen metal to scrap dealers. It is the latest operation against a crime which has soared in recent years, as prices for aluminium, copper and lead have increased. Gangs have created misery by targeting rail and Tube lines, graveyards and war memorials.