Do you know that you could have a goldmine just lying around useless in your house or garage? It might even be possible that you do not know about their use or the fact that they could earn you a lot of money.
Metal waste is not entirely useless, especially if you are in the middle of a renovation. All that needs to be done is find the right personnel to help with the evaluation and selling of your metal. Scrap metal prices vary according to the types of metal you have at your disposal.
This blog post is going to be telling you about the best metals to scrap in the year 2022 for maximum profit. It is also going to teach you the difference between ferrous metals and non-ferrous metals and which ones bring more profits.
Two Types Of Metals
Ferrous Metals
These types of metals contain iron, meaning that any type of metal containing iron or steel is ferrous. Ferrous metals can be determined by testing for magnetic properties. The magnetic properties present in ferrous metals make them ideal for construction, meaning that you can be sure to find ferrous scrap metals on construction sites. These types of metals are also easy to recycle
Examples of Ferrous Metals
Carbon Steel (Non-Alloy Steel)
Alloy Steel
Stainless Steel
Cast Iron
Wrought Iron
Non-Ferrous Metals
These types of metals contain very little to no amount of iron. They have been present even before ferrous metal and they date back to the very beginning of human civilization. The main difference that distinguishes non-ferrous metals from its counterpart is that most of the metals are lightweight and very malleable. It also has non-magnetic properties, is more expensive than ferrous metals and is not prone to corrosion. This means that it can be cast or forged into any shape with more ease than a ferrous metal.
Examples of Non-Ferrous Metals
Copper
Aluminium
Zinc
Lead
Nickel
Tin
Titanium
Brass
Bronze
Gold
Silver
Palladium etc.
Now that you know the difference between ferrous and non-ferrous metals, it is also important to know the most valuable metals to scrap in the year 2022.
Copper
This is one of the most valuable metals to scrap right now, it is highly sought after and one item that is highly susceptible to theft in junk yards or construction sites. This is because copper is one of the few non-ferrous metals that can be recycled time and time again without losing its value.
The quality of pure copper cannot be reduced no matter how many times it has been recycled. So whether you have had that copper with you for decades or you purchased it less than a year ago, you can be sure that you would still be getting a high price for it. This is because the scrap metal price for copper is extremely high, and you can be sure to get a lot of money for it
You can find copper to scrap in old appliances in the kitchen like pipes or copper wires.
Aluminium
Aluminium can be found almost everywhere and it is one of the most valuable metals that can be found lying around. This is because recycled aluminium requires about 5% of the entire energy used to create raw aluminium from scratch.
Aluminium can be in soda cans, electronic devices that are no longer in use, like game consoles, computers and televisions. It can also be found in old bicycle frames and old car parts.
Brass
These are metals that look somewhat like gold when clean but are obviously not gold. It is easy to find this lying around. Brass is another metal that can be recycled over and over again without losing value. Which makes it highly profitable.
Examples are household items that are no longer in use, like your brass plate, candle stands, doorknobs, medals, trophies, ammunition casings, musical instruments etc.
Stainless Steel
Stainless steel is one of the metals that can be easily found everywhere you look. Hence, it is not as profitable as the other metals that have been mentioned. One reason for this could be the ease of accessibility.
However, there are different grades of stainless steel and the higher the grade the higher scrap metal price you get for it. The grades vary by the different amounts of nickel or chromium that are present in the metal
It is important to note that you can get a higher amount for your stainless steel metal if you take time to clean it before presenting it to the scrap dealer. Stainless steel can be found in home appliances, kitchen equipment and machinery found in warehouses and factories.
Lead
This is another metal that is valuable to scrap dealers. But it has downsides to it which includes the fact that it is heavy, has heavy toxicity and it is hard to come across a pure form.
If you decide to get lead to scrap dealers, be sure to get an expert to take care of extraction and transportation. This is an important step to ensure the safety of the health of you, your loved ones and your neighbours. Even though extraction takes a lot of work, it is highly beneficial as it is hard to come by and highly in demand.
Silver
You can get offered a higher scrap metal price for scrap silver at a scrap shop than what you would get if you took it to a pawn shop or a jewellery store. If you are thinking of selling your old pieces of jewellery that have gone out of style, medals, silverware or antique kitchen equipment. Then it would be best to hand them over to a scrap dealer for a better profit.
Titanium
Titanium is a lightweight metal that is very valuable but not exactly easy to come across. It is also known for its incredible strength and it can be found in sports or electronic equipment. It is definitely worth the hassle of trying to find one as it is in high demand at scrap shops and can bring in a lot of money.
The cost of different types of metal scrap per kilo as of 2022 are:
Copper $13.76
Aluminium $4.31
Aluminium alloy $3.19
Brass $10.81
Lead $3.28
Nickel $33.14
Tin $61.29
Zinc $5.09
Whatever metal you choose to scrap, it is important to get in contact with a reputable scrap dealer for the transaction. This would ensure that you get the correct scrap metal price and you have a seamless experience.
Disclaimer: This is a generic Information & post; content about the services can be changed from time to time as per your requirements and contract. To get the latest and updated information, contact us today or visit our website.
Comments
Post a Comment