Selling scrap metal is an excellent way to recycle unwanted pieces while also making some extra money. Yet, the final purchase price might surprise some individuals, especially if they're not familiar with the process. Fortunately, obtaining top dollar for the scrap is possible with the following preparation steps. 

3 Tips for Getting the Highest Scrap Metal Payout

1. Disassemble the Pieces

Many products, like appliances and electronics, contain metal. As such, they're usually hidden by plastic, wiring, and other non-valuable pieces. Since products are recycled based on their material type, many centers won't accept metal unless it's separated from other elements. To ensure all the items you take are acceptable and qualify for purchase, disassemble and remove metal from any other components. 

2. Focus on Non-Ferrous Metals

There are two types of metal: ferrous and non-ferrous. The latter option includes common elements like aluminum, brass, and copper. Items in this category are often sought after and result in higher purchase prices. For that reason, putting effort into collecting them over ferrous scrap metal can result in a higher payday. Non-ferrous metals don't contain iron, so you can identify them by placing a magnet on the piece. If the magnet doesn't pull toward it, then the metal is likely non-ferrous. 

3. Follow the Market

Metals prices are set by market demand and change constantly. The industry ebbs and flows, resulting in highs and lows for long periods. However, there are also differences day-to-day. As a result, it's important to research and monitor the market so that you can choose to sell when it's higher. Additionally, choose a recycling center that's known for paying competitive prices to set yourself up for success.

Get the most out of your scrap metal at Holmes Iron & Metal Inc. in Rowan County, NC. From Greensboro to Charlotte, the local recycling center attracts residents across the region thanks to its top-dollar prices. Their skilled and knowledgeable team provides a convenient and accurate buying process for a wide range of metals, including aluminum, copper, and iron. Learn more about the products they purchase online, and get your questions answered at (704) 633-6119.