A Paper Dollar for a Metal Dime

scrap metal

scrap metalThere aren’t many people who would disagree that recycling is one of the best things anyone can do for the environment. But, digging around the bin to separate paper and plastics just sounds like hard work without instant gratification. People just need a bit more motivation, other than preserving the planet, to get them going – like money.

There are businesses, such as Martin Scrap Metals, that actually pay people for giving them garbage. The aforementioned company specialises in, as their name suggests – scrap metal. The way their business works is simple; people have scrap metal, and they buy it. It’s an easy way to make money, and motivates people to segregate their trash.

These types of businesses don’t take just any bin, though; in the case of scrap metal, sellers aren’t going to get much for a cup of nails and screws. Recycling businesses are looking for specific types of metal, which they can use to benefit their own bottom line.

The metals that people can surely sell are steel, brass, aluminium, iron, and copper; some companies also accept wires. Anything beyond these items is up to the discretion of the company you’re dealing with. This is because these five metals are the easiest to reuse and sell as other items, or materials for other items.

The value of these metals vary from one company to another, but there is an easy guideline on metal types that can give sellers an idea about what metals are more valuable. Non-ferrous metals, such as copper and stainless steel, are more valuable compared to ferrous metals, like iron and steel. The best way to find out which type of metal you have is by using a magnet; if it sticks, it’s ferrous metal.

If you’re looking to sell something to a scrap business, make sure to call first and ask for their rates. There aren’t any rules regarding how much a business can give people, so it’s best to shop around for the best price.

3 Comments

  1. The greatest magic trick in the world is garbage turning gold. In this case, they need heavy metals to turn into wads of paper.

  2. Why are non-ferrous metals more valuable? Is it because they’re not magnetic? I’d think magnetic metals would get way more dough.

  3. Why not? If you can make a quick couple of dollars on something that’s just going to take up space anyway, why not let money eat up space in your wallet.

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