To boost profits in scrap metal recycling, focus on valuable metals, use the right testing methods, and ensure accurate identification. Keep reading to see how you can make the most money from your scrapping efforts.
Most Valuable Alloys (and Where to Find Them)
Different alloys are worth different amounts. Separating high-value alloys from lower ones ensures you get the best price, avoid underpricing, and make your scrap more appealing to buyers. Focus on these metals to prioritize profit.
Aluminum
- Some aluminum alloys (like 6061 or 7075) are worth more due to their strength and corrosion resistance, especially in aerospace.
- Aluminum can be found in many household items, including cans, siding, gutters, window or door frames, and furniture.
Copper
- Pure copper is more valuable than its alloys like brass or bronze. Separate them to maximize profits.
- Most water pipes inside homes are made from copper tubing, and copper can also be found in electrical wiring, roofing materials, electronics, plumbing, and HVAC systems.
Nickel
- Used in high-performance alloys, nickel alloys are worth more than pure nickel. Proper identification can raise profits. Monel® and Inconel® are common nickel alloys used in marine and high-heat applications.
- Nickel alloys are commonly found in aircraft engines, gas turbines, and chemical processing equipment.
Stainless Steel
- Varying grades of stainless steel are tied to its chromium or nickel content. More nickel = higher grade = more money. For example, try to look for specifically 316 stainless steel (contains ~10-14% nickel).
- Stainless steel is commonly found in kitchens and bathrooms, such as in sinks and faucets, and lots of newer appliances.
Titanium
- Valuable in aerospace and medical fields, titanium alloys are strong and worth top dollar when identified correctly.
- Titanium can be found in discarded aircraft or automotive parts, medical supplies, or sporting goods.
Testing Methods for Scrap Metal
Accurately identifying the makeup of your scrap metal is the key to maximizing its value. Here are the best ways to test your scrap.
- XRF Analyzers: XRF analyzers use X-rays to provide a quick and detailed analysis of metal composition. They’re fast, accurate, and easy to use, making them ideal for busy recycling operations.
- Visual Inspection: Inspect the color and texture to estimate the type of metal. It’s useful for common metals but unreliable for alloys and metals that look similar.
- Magnetic Testing: Magnets are used to separate magnetic metals (iron, steel) from non-magnetic ones (aluminum, copper). It’s fast, but only identifies basic properties.
- Spark Testing: Observing sparks when grinding the metal can tell you what it may be made of. Can be effective with the proper experience, but doesn’t work for all alloys.
Make More Money from Scrap Metal by Being Prepared
To ensure you get the most value from your scrap metal recycling, prioritize certain alloys, know where they’re typically found, and be ready to test for accuracy. By staying focused and knowledgeable, you’ll be well prepared for maximizing profits from scrap metal recycling.