Recycling scrap metal is a win-win: you declutter your space and earn money while helping the environment. But not all metals are created equal—some fetch a much higher price per pound than others. If you're wondering how to maximize your earnings from scrap metal recycling, you’re in the right place.
Let’s break down the most valuable metals, why they hold their worth, and a few rules you need to know before heading to the scrap yard.
When it comes to scrap metal value, non-ferrous metals are the shining stars (literally). These metals don't contain iron, making them resistant to rust and corrosion—qualities that boost their demand and price.
Common non-ferrous metals include copper, aluminum, brass, and stainless steel. Since they’re often used in electrical wiring, plumbing, and industrial applications, these metals maintain consistent value on the market.
Non-ferrous metals are also lightweight and easy to transport, adding to their appeal for recyclers. If you're eyeing a pile of scrap, prioritize these over ferrous metals like iron or steel, which typically have lower scrap metal prices.
Ferrous Metals Ferrous metals—like steel and iron—account for most of the scrap volume from sites. These metals fetch a lower price and are typically purchased by the ton. | Non-ferrous Metals More conductive metals—such as copper, aluminum, and brass—are more valuable and are purchased by the pound. |
To get the best bang for your buck, focus on these high-value non-ferrous metals:
Pro Tip:Clean and separate your metals before heading to the scrap yard. Contaminants can lower the price significantly. |
Ever wondered why scrap yards ask for proof of ownership when you show up with your haul? It’s all about curbing metal theft.
High scrap metal prices can tempt thieves to strip materials from construction sites, catalytic converters, or even utility poles. To combat this, scrap yards enforce strict policies, including requiring valid identification and sometimes documentation of where the material came from. These measures protect both the industry and legitimate recyclers like you.
When visiting our scrap metal recycling facilities, please ensure that you have the appropriate ownership documentation for the scrap metal you are selling, including:
Additionally, vehicles carrying scrap metal into our recycling facilities must have valid license plates. All transactions strictly abide by the Metal Dealers and Recyclers Act in accordance with provincial regulation. These steps not only prevent theft but also ensure that recycling remains a trustworthy and sustainable industry.
Here’s a quick checklist to boost your profits:
Recycling scrap metal is a smart way to protect the planet and boost your earnings. Non-ferrous metals like copper, brass, and aluminum offer some of the highest returns, so don’t let valuable scrap go to waste.
Contact Richmond Steel today to have all your metal recycling questions answered. Our team is here to help you get the most out of your recycling efforts.
Let’s turn your scrap into something valuable!