If you have decided to sell some of the scrap metal that you have lying around, you likely want to make sure that you are making the most money possible. Here are some tips to make sure that the process is as smooth, efficient, and profitable as possible.
1. Take the Time to Prepare Your Metal
The first step is for you to take the time to prepare your metal. If you have any items that are mixed in with your metal, such as insulation covering copper wire, then you will be paid less by the person who is buying your scrap metal. The reason is that any extra material in a dump will make the dump "dirty," which means that it will automatically trigger a reprocessing service that costs the scrapyard money, even if it's just removing a little bit of insulation off the wire. If you take the time to make sure that everything is removed from your metal, you will end up making a lot more money.
Another factor that you need to watch out for is mixing your metals. You will make more for a load of copper that doesn't have any other metals mixed in with it than you would with a load of copper that has some silver or iron mixed in. Make sure that you thoroughly sort your metals, or else your mixed metal loads will be considered "dirty." You can use a magnet to sort between the ferrous and non-ferrous metals in order to help make your sorting process go more quickly.
2. Call Ahead for Prices
Call a few scrapyards ahead of time to see what kind of money they will offer you per pound should you decide to bring your scrap metal to them. This will allow you to make sure that you make the absolute largest amount of money for the scrap metal that you bring in.
3. Get Your Metal Graded if You're Not Sure
If you think that you have all of the same type of metal but some of it is a different color than the rest, before you even take the load out of your car, talk to the scrapyard. Ask them what the grade is of both types of metal that you have. If it is significantly different and you were correct, then you might need to go back home and sort out that metal before taking it back to the scrapyard. Ask your scrapyard ahead of time if they accept mixed grades of metals.
For more information, talk to a company that specializes in scrap metal.
Share26 September 2016
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