Scrap yards are local metal recycling centers that purchase metals such as steel, iron, aluminium, lead, brass and iron from sellers. Before sending your metals or appliances to the local dealership, there are a few must-have prerequisites. You'll need a magnet to distinguish ferrous from non-ferrous metals,a container or cardboard box for separation, and basic knowledge of metals. Scrap yards benefit the environment by melting and reusing metals, but they can also benefit you directly. Here are 3 surefire ways to the most cash when recycling.
Research: Know Your Metals
Knowledge is power, and this also applies to the scrap yard. You need to be aware of ferrous and non-ferrous metals, and this is where the magnet comes in handy. Non-ferrous metals typically are worth more per pound than ferrous metals.
Scrap yards also grade the metals you bring in, and any metals containing an insulation cover, paint or other metal attachments will be of a lower grade. In this regard, copper with no insulation is worth more than copper with a paint job or copper that has been soldered with other metals.
Sort Out Your Metals
Separate your metals prior to visiting the scrap yard dealer. This will ensure that you get the best prices from your load. You do not want to show up at your local scrap yard with a bucket/box full of brass, aluminium and copper. This is because you will get paid at the value of the least valuable metal – aluminium — while brass pays more per pound.
Instead, use a magnet to separate the ferrous from non-ferrous metals ,and put them in separate containers. Also, ensure that you remove any attachments, such as paint, from your scrap metal. A load whose weight is 99% brass will pay more than a load that is 94% brass plus other unwanted attachments.
Deliver Your Metals in Bulk
It goes without saying, more is better when it comes to scrapping. A 5000-pound load will give you better negotiating power than a 100-pound load. Furthermore, scrap yards tend to negotiate better with clients who bring them a ton of metals consistently. From a supplier's point of view, gathering a large weight will enable you to earn more from your scrap, not to mention the fuel you save from the foregone trips.
In addition to the tips above, you can get even better deals by talking to the yard manager and building a better working relationship. This way, you will earn a few extra cents per pound and may also get invaluable information from the manager.