For some of our clients who are unfamiliar with the scrap metal recycling sector, it can be a bit perplexing.
As a result, we’ll go through some of the most frequently asked questions about the scrap metal recycling process and industry in this article!
What Is Scrap Metal, Exactly?
Scrap metal is any metal that can be recycled and repurposed instead of being thrown away in a landfill. Anything from an aluminum soda can to a junk automobile, and anything in between, is considered scrap metal. A typical rule of thumb is that an object can be trashed if it contains at least 50% metal.
What Is the Value of Scrap Metal?
Because different types of metals are worth varying amounts, there isn’t necessarily a one-price-fits-all approach to scrap metal. Copper is the metal that is worth the most when it comes to selling scrap metal: it normally sells for roughly $3.00 per pound. Light iron, on the other hand, is usually the least desirable sort of scrap metal, selling for roughly $0.10 per pound. Please visit our pricing page on our website if you’re curious about the value of different metals.
What Is Scrap Metal Recycling and How Does It Work?
Scrap metal recycling is a straightforward procedure, at least for the average customer. All you have to do is bring all of the scrap metal you want to sell to us, and we’ll take care of the rest. We’ll classify the metals you send us into various categories first, then weigh them to decide how much we’ll pay you for them. After that, the metals are crushed, shredded, and melted.
We eliminate any impurities from the molten metal and re-solidify it to make new products like appliances, building materials, food packaging, furniture, and more once it has been melted down.
How much money can I expect to make from scrap metal sales?
Because different metals sell for different values per pound, having a large quantity of a desirable metal is the greatest method to optimize your profit from selling scrap metal. If you’re a homeowner clearing out your scrap metal-filled basement or garage, you might expect to make a few hundred bucks, depending on the amount of metal you have.
If you operate a company that recycles scrap metal from construction sites, you can make a lot more money.
NRI is the place to go if you or your company is wanting to sell scrap metal in southeastern Massachusetts.
Call us or fill out the contact form on our website, and one of our representatives will contact you as soon as possible!