Selling scrap metal not only offers you a good opportunity to make additional income, but it’s also an important step to preserve the environment and keep usable metals out of landfills.
When you’re looking to sell scrap metal, you’d like to get the best return from your scrap. Most people don’t know what they can do to get the most amount of money from their scrap metal, so they just take their scrap to scrap metal buyers and earn the lowest possible amount for their scrap.
At M&M Recycling, we’d like to help you get the highest possible payout for your scrap metal. We’ve compiled tips that will help you get the best return from selling your scrap metal.
Separate The Scrap Metal
Not all scrap metals are created equal. Non-ferrous metals such as copper, brass, and aluminum have a higher value compared to ferrous metals like cast iron, alloy steel, and carbon steel. Therefore, you should avoid dumping all your metals in one bin. It’s a good idea to separate scrap metals based on their class, so that you can get higher prices for the rarer metals. It’s also advisable to strip any attachments or pants that would lower the value of your scrap metal. While all of this may take time, it is worthwhile when it comes to returns.
Protect Them During Storage
Just because scrap metal will be reformed and converted into different products, it does not mean its condition doesn’t matter. You should protect your scrap metal from rust during storage because most scrap metal buyers offer very low prices for rusted scrap metals and some may not accept rusted metal.
Keep Up with The Pricing
Just like everything in the market, scrap metal prices fluctuate from time to time depending on supply and demand, time of the year, location, and market prices of new metals. It’s advisable to do some research and stay updated on the latest pricing of scrap metals. You can check several websites of scrap metal buyers to get an idea of current pricing. Knowing the current market price for scrap metals allows you to negotiate a fair deal when you go to trade.
Negotiate with Scrap Metal Buyer for Better Prices
If you have a large amount of high-quality scrap metals, you can negotiate with scrap metal buyers for better rates.
Scrap metal buyers buy scrap metals at different prices, with some offering better rates than others. It’s advisable to compare the prices offered by different buyers and sell your scrap to a recycling facility that offers better rates.
Scrap metal recycling can be profitable if you take time to sort and organize your metals and find top paying scrap metal buyers. If you are looking for top paying scrap metal buyers that accept all ferrous and non-ferrous materials, look no further than M&M Recycling.
At M&M Recycling, we are committed to offering the best return on your scrap metals.