Many resources are depleted naturally over time, which makes the need for recycling more apparent. Reusing items can be the cost effective solution for many businesses looking to save money. This has led to the popularity of recycling and resulted in metal recycling actually becoming a big business. There is a lot of money that can be made by focusing on recycling different types of metal. In order to make the most profits through metal recycling, it is important to understand what methods work best.
Ferrous or Non-Ferrous Scrap
The most important thing that you need to determine when you are looking to recycle metal involves the type of metal that you are dealing with. Metal can be categorised in basically two different ways. This means that it can be classified as ferrous or non-ferrous. Ferrous scrap is used to identify types of scrap metals like iron or steel. These types of ferrous scrap metals can be recycled, but they are not as valuable as non-ferrous scrap metals. Non-ferrous scarp metals are aluminum, brass, bronze and stainless steel. If you are looking to earn the most profits when you are scrapping metal, you need to focus on collecting non-ferrous metals.
Use a Magnet
It is not always easy to differentiate the type of metal you are dealing with. This means that if you are looking to save time and only focus on the types of scrap metals that are the most lucrative, you should always carry a magnet. When you are trying to collect metal that you can recycle, you can use a magnet to determine if the metal is ferrous or non-ferrous. If you place the magnet on the surface of the carp metal, it will not stick if it is non-ferrous. This means that you will be offered a higher monetary value for the scrap metal when you recycle it.
It is also important that you learn early on in the metal recycling process how to take apart certain discarded machines. Many of the machines that you can recycle include washing machines and dryers. Instead of just taking the intact machines to be recycled, it is possible to earn higher payouts by separating scrap materials. A washing machine is made of different parts that include copper, aluminum and steel. This means that by taking the machines apart and carping the materials separately, you can earn more. Selling discarded machines as a unit are not the best way to recycle metal.Share