There’s money in trash.
There really is good money if you know how to distinguish trash from treasure. A lot of trash in neighborhoods includes scrap materials that, when stockpiled, can bring you a decent amount of cash. However, it’s not as simple as gathering them up and then going to a scrapyard. If you really want to take it seriously, or probably need cash desperately, you have to do it with a strategy.
So how do you do it?
First, know the cost.
In order to determine if a certain scrap metal is worth the hassle or not, or if a certain location is worth going to, you have to be knowledgeable. Know the basics. The easiest way is as simple as calling the nearest scrap yard and asking them how much they’re willing to pay for certain metals.
Shopping around will also help, so call several scrap yards and compare their prices. Take note of the weight that they need for the said amount, and the difference in price for each type of metal. This way, you’ll earn a bit of extra pocket money and help the environment at the same time.
Second, know your metals.
If you plan to take scrap metal recycling seriously, you must learn how to distinguish the different types of metal that you’re getting. The most efficient way to do this is by bringing a magnet along with you.
The simple rule is this: If it doesn’t stick, it’s worth money. If it does, then it isn’t worth as much. Ferrous metal costs a lot less, so even if you bring in a huge amount, it’s not going to pay that well. Metals such as copper, aluminum, brass, stainless steel and bronze are all non-ferrous, and pay well.
Third, know your source.
Now that you know how much certain scrap metals are worth, and how you can tell metals from each other, it’s time to list down the places where you can source them. You need to prioritize the places where non-ferrous metals like aluminum, brass, copper, bronze and stainless steel are available, since they’re worth more money at scrap yards. You have to also consider your travel expenses, as it needs to be worth the money you’ll earn from recycling.
One of the best sources for scrap metals will be condemned houses and buildings. You can find these while driving around the city, or joining listings where they give out addresses for these places. Just make sure you practice all the necessary precautions to avoid accidents while you’re gathering metals.
Another thing to note is that in most places, you’ll need to get permission from the landowner to take anything off their property. Always ask around before you start gathering to avoid any trouble.
So there you have it, some simple steps to help you get started with scrap metal recycling. Good luck!