Tips On Maximizing Your Profits From Scrap Metal Recycling

Believe it or not, you can make a pretty penny by going out and scrounging for scrap metal, with the goal of selling at a scrap metal recycling facility near you. With a vehicle, access to a scrap metal source, and some basic guidelines, you could easily pad your wallet with an extra few hundred dollars per month, but the amount you make will depend on how much time you can invest and if you know how to maximize your profits! In this article, we’ll offer you some tips on how you can maximize the amount of money you make from collecting and selling scrap metal! If you have any questions about scrap metal recycling or are looking to sell scrap metal in Massachusetts, contact Allied Recycling Center today for current pricing information!

Where To Find Scrap Metal For Recycling

Before we get into some tips on how you can make as much money as possible from scrap metal recycling, let’s ensure you know where to look! The best places are often overlooked areas where metal items are discarded or replaced. Consider exploring local dumps, old storage facilities, home and building renovation sites, and anywhere else where you think might have some old, excess metal. Additionally, you might find lucrative amounts of scrap at community cleanup events. Keep an eye out for neighborhood renovation projects or at garage sales where old metal objects might be sold off cheaply or given away. 

Make As Much Money As Possible From Your Scrap Metal

Now that you know where to look, let’s help you maximize those profits. The great news is that you don’t need to put in that much more effort to make the most money possible for your scrap metal! 

  1. Remove Wires From Appliances: Before recycling, take the time to cut off wires from appliances. This small step can increase the value of your scrap because separated components often bring in a higher price.
  2. Focus On Non-Ferrous Metals: Non-ferrous metals like copper, aluminum, and brass are more valuable than ferrous metals (which contain iron). 
  3. Strip Copper Wires: Clean copper wire often sells for more than insulated wire. Taking the time to strip wires can significantly boost your earnings!
  4. Remove Catalytic Converters From Junk Cars: Catalytic converters contain highly valued precious metals like platinum, palladium, and rhodium. Removing and selling these separately can substantially increase your profit from scrapping vehicles.
  5. Watch Scrap Metal Rates: Metal prices fluctuate based on market demand. Keep an eye on these rates and choose to sell when prices are high. Staying informed can make a significant difference in how much you earn. For current pricing information, contact Allied Recycling Center today!

Sell Scrap Metal To Allied Recycling Center in Walpole, MA!

If you have any questions about scrap metal recycling or are looking to sell scrap metal for the best prices in Southeastern Massachusetts, please don’t hesitate to contact our team at Allied Recycling Center! Call us today at (508) 668-8699 or fill out the contact form on our website, and we’ll get back to you as soon as possible!