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Tips for Turning Your Scrap Metal into Cash

Recycling and giving a second life to a lot of items is such an important activity that we, as a society, need to engage in. It is a must if we want to prevent the planet Earth from being irreversibly damaged.

However, what many people don’t know is that there is a possibility to make a profit by reducing waste. In fact, you can sell scrap metal and earn good money by doing the world a favour at the same time. Here are some tips on how to turn your scrap metal into cash.

Where Can You Find Metal?

You can find scrap metal basically everywhere. Sometimes you can get it from friends and family who don’t want the trouble of transporting it to a collection spot like TransMetal. Building or demolition sites are also a good source of scrap metal. Just remember to ask for permission to collect it. Lastly, you can probably find plenty inside your house.

Collecting and Sorting Metals

Knowing how to collect and sort your metals is a highly helpful skill to have if you want to get into making money out of recycling. Here are three basic tips that should supply that knowledge:

  • Store each type of scrap metal in a separate container. You will most likely only get paid for the value of the least valuable metal in a box and you will have to sort it anyway.
  • Clean your metals. Not with soap and water, but, rather, by removing any attachments on the metal you plan to sell.
  • Put your metal in a safe place. Scrap metal is oftentimes stolen, so make sure to keep it in a secure location.

Know Your Metals

Next, you should know the difference between ferrous and non-ferrous metals, as it will help with the sorting process. It’s quite simple: Ferrous metals contain iron and non-ferrous metals don’t. A magnet is the most useful tool to distinguish between the two types of metal, only ferrous metals will stick to it. You should be able to tell the two types of scrap metal apart, as there is a significant price difference between them.

Where Can You Take Your Scrap Metal to Sell?

Now, that you have found and sorted your metals properly, it is time to cash them in. The best place you can take your metals to is a local scrapyard. Please remember that there is a significant difference between a junkyard and a scrapyard, and you can expect a better deal in a place that specializes in recycling metal.

How Much Can You Earn?

The amount of money you can get may range from a couple of pounds to a few thousand depending on the amount and type of metals you have. Copper seems to be the most valuable metal you can collect and sell, as its price is at around 2 pounds per lb when the aluminium price is below 0,5 pounds. We encourage you to also compare prices to maximize your profits. You are most likely to find them online and at your local scrapyard.

Final Words

Collecting scrap metal and recycling it is both eco-friendly and profitable. You can make money by being a friend to the planet, and it feels like there isn’t a better win-win example out there. Look for scrap metal and help make the world a better place!

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