Here we will tell you how you can make money from your scrap metal. Which grades of metal have a higher value, how to look out for market prices and how to decide on the perfect company to help you manage and pay a return for your metal on site.
5 TOP TIPS TO HELP YOU MAKE THE MOST MONEY FROM YOUR SCRAP METAL
- Sorting and organising your metals into types and quality is going to ensure you get the most money from your scrap metal. Different metals hold different value – e.g. aluminium has a higher value than steel. Copper is also a very high valued non-ferrous metal, so ensuring your metals are correctly separated and not lost in a mix of scrap will ensure you get the most revenue for your metals. If you are unsure on what grades of metals you have on site, we are here to assist you.
- Product your metals by making sure your metals are stored correctly is very important. Ensure your metals are put in secure bins, skips or containers which will protect from water/liquids. Ferrous metals can rust overtime, potentially reducing its weight which in turn affects the amount you get paid for your scrap. We are able to provide a full range of bins, skips and roll-on-roll off containers for your metals. Always individually numbered and branded.
- Focus on non-ferrous. Metals fall into two primary groups: ferrous metals and non-ferrous metals. Ferrous metals have iron properties, meaning they will stick to a magnet and have a lower value. Ferrous metals include, steel, cast iron etc. Non-ferrous metals do not contain iron and are non-magnetic. Non-ferrous are usually worth more and hold a high value, metals like copper, brass and aluminium for example. We buy and process all grades of ferrous and non-ferrous metals and will pay you top prices for your scrap.
- Keep up with pricing. Metal prices are always fluctuating in line with the current market, usually depending on supply & demand. Knowing when the market is good is going to help you gain maximum return on your metals. You can trust RML for your pricing of scrap metal as we carefully follow the LME and Metal Bulletin daily; following every market change that occurs. We also offer prompt payment instantly increasing your business cash flow.
- Find a reputable recycling company. To ensure you get the most out of your scrap you want to make sure you are choosing a reputable and respected recycling company. Look at reviews and location. If delivering isn’t an option, look for a company who offers free collections. We have sites based in West Midlands and also a site based in Lye, Stourbridge. Recycling Management offer a completely flexible collection service where we can provide ad hoc or scheduled collections. We have an amazing client base that have left us amazing 5* reviews. You can read some our 5* reviews here: https://uk.trustpilot.com/review/recyclingmanagement.com
