Scrap Metal Recycling: Three Guidelines on Maximising the Total Material Value

There are numerous recyclable metals or scrap obtained from product consumption in commercial and residential setting. These materials are valuable because they can be used in the creation of new metal products for general consumption. The usage of old metal reduces the strain on natural ores which are finite resources. In addition, you can sell your old metal materials obtained from your old car, construction and renovation projects and general remnant of consumer products. Typically, recycling is not a difficult practice. However, if you would like to obtain maximum profit, there are some practices that you should uphold. Here are some crucial guidelines on increasing the value of your recyclable scrap metal.

Proper Material Preparation

You should prepare the scrap material sufficiently before presenting it to a recycler. In general, this type of metal is obtained as useful waste from other processes. Therefore, it will not be pure or completely clean. However, if your load is full of other non-metallic materials and extensively contaminated, the value of the scrap will decline significantly. This can be attributed to the fact that the recycler will have to expend considerable resources in treating the metal. For the best results, you should ensure that the scrap is protected from potential contaminants such as oil, water and general waste. Ideally, you should have a safe storage space or at least cover the collected pieces with a tarp. If you have copper wires, you should strip off the plastic. In addition, ensure that non-metallic items are not mixed in.

Separate the Scrap

There are multiple types of scrap metal found in commercial and even residential spaces. Their value is not the same, and they cannot be processed in the same way. Therefore, if you present a mixture of metals, the potential financial benefits will decline. Often, this type of load will be classified and priced in accordance to the least valuable material. This is because scrap primarily consists of common metals of low value. For maximum profits, you should identify all your materials and place in separate categories. If possible, you should also segregate according to the grades. For example, common stainless steel and marine grade steel have different values.

Know the Price

Finally, you should make an inquiry about the remuneration for each unit weight of scrap before presenting to the recycler. Compare this with the general reported prices in the region to ensure optimal profitability.