Everything You Need to Know to Sell Scrap Metal

Everything You Need to Know to Sell Scrap Metal

Everything You Need to Know to Sell Scrap Metal | Did you know that CPU processors are worth more than $26 per pound in the United States?

These computer chips, along with steel, cans, and copper, can make you a lot of money.

If you have scrap metal lying around, you should consider selling it to a licensed company.

Interested in learning more? Continue reading to discover the most important factors when you go to sell scrap metal!

Use a Magnet

If you want to sell scrap metal, you might want to invest in a quality magnet.

Magnets are used to help separate metals from each other. The better the magnet is, the more accurate your weights will be. The magnet will be able to differentiate between ferrous and non-ferrous metals.

Non-ferrous metals consist of tin, aluminum, and other varieties of metal. If your metal isn’t sticking to the magnet it could be worth something. The ferrous metals typically contain iron, which helps make them magnetic.

Only Sell to People With a license

Figuring out where to sell scrap metal is one of the most difficult parts of the process.

The first thing that you should ask or look for when finding a buyer is if they are licenses. Most businesses that will buy scrap metal are in the recycling industry. The recycling company that you sell to should have a current license. If you are unsure, you can contact the county auditor’s office or city hall.

Scrap metal licenses tend to last 3 years. The company CJD E-Cycling is a great example of a licensed company to work with. If you sell your scrap to a company without this license, it is considered a criminal offense.

Use Safety Precautions

Whether you want to sell a vehicle for scrap metal or spare pieces, you must always practice safety.

Sharp edges and old pieces of rusty metal can cause serious injury if you aren’t prepared. When it comes to transferring the metal you should have a good pair of gloves on, steel-toed boots, and durable clothing. Many people recommend that you get your tetanus shot as well to prevent serious illness.

There is a lot of bacteria that build up on rusty metals that can cause harm to your body. Take time to prepare for your trip by getting the right gear first.

Know When To Sell

You might be wondering what the best time of tear to sell scrap metal is.

Most people sell scrap metal in the late spring and summer. Although you can still sell scrap metal in the fall and winter, it is more difficult to process these metals when it is cold outside. Most metals are worth more money during the spring and summer.

Steel however, increases the scrap prices during the winter. This is because it has a higher demand during the warmer months, and the recycling centers want to be prepared.

Sell Scrap Metal and Make Money

If you are looking for a way to make some extra cash, you should sell scrap metal that you have access to.

Learning how to sell scrap metal is a simple process, and you only need a couple of items. You must always check that the buyer is licensed to take the metal, however, otherwise, you could end up in legal trouble.

Always use caution when working with metals, so that you don’t injure yourself or someone else.

Be sure to check out our blog for more articles about scrap metal and making money in the short term!