If you own a construction company, there is a good chance that your workers come across metal scraps on a regular basis. If you want to make as much money as possible, consider selling the metal to a scrap metal recycling center. Below is a guide to help you learn how to make the most money through metal recycling that you possibly can.
Magnetism Effects Value
If you are unsure as to what type of metal you have available to sell, determine the magnetism of the metal by holding a magnet against it. When a magnet does not stick to a metal, it means that the metal is non-ferrous. A non-ferrous metal is more valuable than a ferrous one. Before going to the scrap yard, take the time to separate the non-ferrous metals from the ferrous ones. To ensure you know how much valuable metal you have to sell to the scrap yard.
Weight Effects Value
The value of each piece of metal is determined based on the piece's weight. The condition of the metal is not important because each piece will often be melted down and reused to make something new. Take the time to weigh all of your ferrous and non-ferrous metals to get an estimation of how much of each type of metal you have to sell. You then need to ask the associate at the scrap yard how much they pay for each type of metal. You can then take the amount the associate quotes you and multiply it by the weight of the metals you have available for sale. This will ensure you know that you are getting a fair offer, when the associate attempts to buy the metals from you.
Know What Items to Scrap
While it may be obvious that pipes and rails can be scrapped, there are other items on the construction site that can be scrapped, as well. Ovens, refrigerators, washing machines, dryers, and even cast iron bathtubs can all be sold for scrap. The make, model, or age of the appliances will not matter. Each item will be weighed at the scrap yard, and the associate will give you a certain dollar amount for each pound of metal you scrap. You do not need to clean the appliances before scraping them, because they will be destroyed and reused to make something new regardless of their condition.
You can sell scrap metal to the scrap yard as often as you would like. Most yards, such as Cherry City Metals, do not set a limit as to how much scrap metal a person can sell because the items need to be recycled.