What Are Some Tips for Getting the Best Scrap Metal Prices?


Quick Answer

Some tips for getting the best scrap metal prices include contacting recycling centers for their latest price estimates and ensuring that recycling centers use accurate weighing scales. As is the case of Metro Metals Recycling, some recycling centers list their current prices for specific scrap metal items on their websites. It is worth identifying a number of local businesses and making price comparisons between them.

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Full Answer

If intending to regularly sell scrap metal for recycling, it is a good idea to set items aside until a large quantity has been amassed. While this will likely necessitate finding a suitable storage space, it will also cut down on the cost of delivery, as well as leading to more substantial payments each time. Since prices vary for different scrap metals, it may be more lucrative to separate scrap metal items by category.

According to Bob Johnson of New Richmond, who raised around $60,000 by recycling aluminum cans, it is common for recycling centers to raise their prices for scrap metals around the time of Earth Day. Aside from identifying the recycling centers that offer the best deals, scrap metal profits can be boosted by asking neighbors and friends whether they have any to offer. Some people have found that starting a collection for a specific cause, such as saving up for college, encourages others to be generous with their scrap.

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