3 Factors That Dictate Metal Recycling Prices
Are you sick of staring at that rusty, old automobile parked in your backyard? Perhaps you’ve suffered a serious collision and would rather scrap your vehicle instead of repair it. Whatever your reasons are, Miamitown Auto Parts & Recycling in Cleves, OH, is ready to offer the best possible prices for your salvaged auto parts.
If you’ve considered selling used auto parts to the scrap yard, these three factors will determine the prices you receive:
- Type Of Metal: When it comes to setting metal recycling prices, one of the most influential factors is the type of metal being sold. Typically, scrap metals are sorted into different categories—such as copper, lead, and stainless steel. Each of these metals will have a different price at the salvage yard, so it’s crucial to know what types of metals you have and how much of each you can salvage.
- Current Spot Metal Prices: Like many industries, the metal salvaging market is influenced by trends and economic environments, which cause metal recycling prices to fluctuate. Newly-refined metals and ore are sold for “spot metal prices,” and they influence the metal recycling prices offered by salvage yards. However, such prices can be monitored on indexes like Kitco, which lists global spot metal prices on a daily basis.
- Location: Quite often, geographical location plays a role in the metal recycling prices you’ll be offered. Areas far from a local refinery or large scrap yard may have much lower metal recycling prices, as it takes time and money to transport the metal from rural scrap yards to refineries.
To learn more about factors that will affect your local metal recycling prices, contact the professionals of Miamitown Auto Parts & Recycling at (513) 353-1111. You can also visit them online for a complete list of services, including container services and car battery recycling.
About the Business
BUSINESS
Scrap Metal Dealer
Miamitown Auto Parts & Recycling
8379 Harrison Pike, Cleves, OH 45002