Scrap metal dealing is an opportunity to help the ecology while also earning extra money. Because we at WB Phillips Metals appreciate the value of scrap metal, we have put together a detailed guide to help you understand the industry and boost your earnings.
Key Equipment for Handling Scrap Metal
To start on your scrap metal journey, you’ll need some equipment:
- Magnet: Used to differentiate between non-ferrous and ferrous metals.
- Ideal for storing collected items.
- Basic Knowledge: Recognise the value differences between different metals and the scrap metal area.
Locating Scrap Metal Sources
Although finding scrap metal takes some work, the benefits could be rather significant:
Neighbourhood: Approach neighbours or hand out leaflets asking to have unwelcome objects taken away.
Online Platforms: Websites like Gumtree often list free items for collection.
Roadside: Keep an eye out for discarded items on the side of the road.
Demolition Sites: With permission, salvage metal from demolition sites.
Before collecting recyclable material from property owners, always ensure that it is lawful and seek permission.
Collection and Sorting Process
Maximising income relies on proper collection and sorting:
Cleanliness: Brushing items is not always required, but make sure they are free of any attachments.
Categorization: Sort products by type of metal to make selling easier.
Security: Protect your collected scrap from theft by storing it securely.
Identifying Valuable Metals
Understanding the value of metals is essential for optimising returns:
Ferrous vs. Non-Ferrous: Non-ferrous metals don’t contain iron, but ferrous metals do. Generally speaking, non-ferrous metals provide larger returns.
Magnet Test: Use a magnet; if it doesn’t attract the metal, it’s likely non-ferrous.
Most known non-ferrous metals include aluminium, brass, copper, lead, and stainless steel.
How to Pick a Reliable Scrap Metal Dealer
Selecting the right dealer is essential for maximising profits and ensuring a seamless transaction:
Experience: Choose dealers with a track record of success, like us, with over 35 years of experience.
Convenience: Pick out businesses that provide quick scrap collection services and simple payment options.
Reputation: Pay attention to dealers who have an established history of reasonable prices and honest negotiations.
Frequently Asked Questions (FAQs)
What types of tools do I need for scrap metal collection?
Containers for storing and a magnet for detecting metals are necessary tools.
How can I tell which scrap metal is valuable?
Conduct a magnet test; non-ferrous metals typically do not attract magnets.
Where can I sell my scrap metal for the best prices?
Look for trusted scrap metal dealers who have a lot of experience and an established history of offering reasonable prices.
Making money with scrap metal can be profitable and rewarding if you have the right tools, skills, and strategy. For an easy transaction, keep in mind to put safety, compliance, and working with a respectable local dealer first.
WB Phillips Metals, with over 35 years of experience, provides scrap metal recycling services to sellers in Medway, Kent, and the surrounding areas.
We provide a flexible scrap collection service or yard drop-offs as well as simple, accessible payment options. Contact the team ASAP to find out more about what we have to offer!
