How To Make The Most Amount Of Money From Your Scrap Metal

Money from scrap metal

Most people just bring a bucket of scrap to the scrap yard and earn the lowest possible amount for their scrap.  This is because people don’t know the tricks of earning top dollar for scrap. Earning that extra income from your scrap metal is entirely possible and because you are putting in the effort anyway, you might as well get paid the most amount of money that you can.  At Klein Recycling, we’ll not only purchase your scrap but also make sure you get top dollar.  

Here are a few ways to make sure you get the most amount of money from your scrap:

Separate Your Scrap

Unless your scrap metal is separated, scrap yards will count them as the lowest priced metal.  For example, if you have a bin filled with aluminum, copper, and brass, the scrapyard owner will give you aluminum prices when copper prices are higher.  Separating each metal will wield you more profit because you’ll get higher prices for the rarer metals.

To separate your scrap, set up different containers in your garage or where you scrap that are pre-labeled with the specific type of metal and throw your scrap into each different container. If you are unsure which metal is which, you can use this guide.  Having a system to separate your metals will consistently make you more money.

Scrap Non-Ferrous Metals

There is a difference between ferrous metals and non-ferrous metals in the scrapping world.  Ferrous metals contain iron and are much easier to get a hold of than non-ferrous metals. Most household appliances like microwaves, washing machines, a/c units, and old refrigerators are ferrous metals.  You can scrap these metals for quick cash.

Non-ferrous metals are harder to find but will reward you more money.  The main types of non-ferrous metals are aluminum, copper, and brass. Aluminum is the easiest to seek out of the non-ferrous metals and scraps for around $.30/pound.  You can find aluminum in house sidings and frames, gutters, car parts, car rims, and wires.

The next non-ferrous metal to scrap is brass.  Brass will gain you around $1.40/pound! Brass is most often found in pipe fittings, rods, castings, and even bullet casings.  Identifying brass and scraping it earns you more for your money than most other metals.  

The only other metal that can offer you a higher reward is copper at around a whopping $2/pound.  By focusing on copper for scraping, you can add a significant side hustle into your life. Copper tubing is often found in the structures of houses and buildings and plumbing work.  

In short, you can earn quick cash scraping old household goods and you can earn significant income scrapping non-ferrous metals like copper, brass, and aluminum.  Make sure to implement some of the above strategies to earn as much as you can from your time scraping.  

Finding Free Scrap Metal

One of the easiest ways to earn money scrapping is to scrap other peoples’ stuff.  By going on craigslist or the Facebook marketplace, you can find scrap metal by taking electronics, cars, and appliances off peoples’ hands.  You can simply search for scrap metal or free stuff on these sites and find metal to scrap. Of course, you will need a truck or a vehicle to pick up these items.  

Making the most of scrapping is simply about knowing what to do and where to look.  The easiest way to find extra scrap metal is in your house, friends’ houses, or online.  Many people throw out scrap metal at local dumpsters as well and some businesses leave their scrap metal out back for weeks at a time.  Often, construction workers have access to unused metal that they can scrap themselves.  It is entirely possible to earn a few hundred dollars per month scrapping and at Klein Recycling, we want to help you accomplish this goal by purchasing your scrap.  Give us a call today!