Scrap metal is basically metal that you got from stuff you no longer need or is broken. It can be metals from your old car, but also wiring or cans. Usually your first inclination is to just throw it away, but remember that it can be used again and can therefore be valuable!
Your local scrap yard sets their scrap metal prices based on 4 factors:
You will want to do these 3 things to get the best price for your scrap metal:
In most jurisdictions you need to bring Identification so don't forget that. If you're scrapping a car then you'll need the title as well of course. For goods that are high-risk (goods that are stolen a lot) such as copper wire, you may also need to show how you came into possession of it.
You should check the reviews on different websites such as Google reviews, Yelp and others. Don't just look at the overall score, but read some recent reviews to see if the price is fair and whether the service is good and friendly. And do some offline research as well - typically a good reputation is earned by many people visiting. It's very likely your neighbours or friends have been to scrap yards in your area - so ask them!
Our site checks prices on the websites of scrap yards on a daily basis. We average the prices in a certain area so that they reflect the real market value.
Since scrap metal is highly valuable, you'll need to bring ID and typically the transaction will be recorded and the details stored for quite some time. The scrap yard has to follow laws that are relaxed in some locations, but strict in a lot of locations. Stricter laws can even require finger-printing and long-term transaction logging.
Non-ferrous metals are metals that do not contain iron and are typically higher value scrap metals. Non-ferrous metals include aluminum, zinc, copper and alloys such as brass. Ferrous metals contain iron and are much more common and less valuable. Ferrous metals include steel and cast iron for instance.
The best metal items to scrap for money are made from high valuable non ferrous metals such as copper or aluminum. Items such as copper wiring, copper tubing or sheet aluminum are typically things that bring a lot of money. But also things you wouldn't think of - such as those light-weight rims that rode into the curb many times. Don't throw them out if don't want to restore them - scrap those aluminum rims!
Please contact us if you feel we need to add any questions to this list.