Selling scrap metal is a boon. Your junk car, broken tools, damaged balustrades, old PC towers and rusty pipes would be nothing but waste without this trade. Thanks to metal recyclers, practically any rubbish that is made of metal is a nugget. Instead of letting them rot in storage and dump them in landfills, you can turn your garbage to gold.
Indeed, metal scrapping is worth every drop of sweat—if you know what you’re doing. Most new scrappers don’t find the experience that worthwhile not because it is not, but rather they have no clue how exactly they can make the most money out of it.
Whether you’re a first-timer or an occasional scrapper that is yet to earn a decent amount from this endeavour, McCamish Metals noted what mistakes you should make:
Rule number one to get more cash for your items is to read them beforehand. By ready, this means scrapping them ahead to help save time for your scrap metal recycler. But it’s their job, you say? Well, not exactly. Their business is to recycle metal items for export, not to scrap your materials for you.
Certain items need some scrapping first, like copper wires. If you take the effort to prepare your material for recycling, your trader would most likely pay you much higher.
Discounting Metal Grades
Not all metals are equal. Wherever you go, the trader would first classify if you have a ferrous or non-ferrous item. Simply put, the former is magnetic and the latter is not. After identifying your metal, they would classify the grade to know its value.
Your basic know-how about metal grades makes a world of difference. As the industry deems non-ferrous metals more valuable, that alone can help set your expectations for the price you would get.
Failing to Shop Around
The amount you would get depends on the trader or metal parts recycler. Some are willing to offer you a good price, while others would try to rip you off. It’s highly advisable for you to get a couple of quotes to make the most money off your item.
Scrap metal trading isn’t rocket science, but knowing these common practices is key to receive what you can potentially earn.