Selling scraps at the local yard is one way to earn pocket money. It can be a good source of extra income if you learn a few tricks from veteran scrappers. Here are some of the things you can do to make scrapping a profitable and worthwhile pastime.
Take time to learn about metals
There is more to scrapping than aluminium cans. Although aluminium is a common metal and one of the most usually recycled, it does not always fetch a high price at the local yard. You will do well to look for other metal junk. Start by knowing the essential differences between ferrous and non-ferrous materials. From there, you will learn how to identify and distinguish different scrap types. With the knowledge that you have, you can hone your skills on the field. In time, you will not have to bring a magnet or any tools to identify valuable scraps.
Watch out for stainless steel, iron, brass, bronze, and copper items because they can be valuable, especially if you sort and clean the scraps before bringing them to the yard. Gain knowledge and develop skills because metal scrapping can be a highly lucrative business. You can shop around for better prices if you know your metal.
Look for copper
Metal recycling is a booming industry in New Zealand. The demand for scraps remains high because there are industries needing raw materials, which come from recycling facilities. Copper is always in high demand and therefore coveted. They always fetch highest than other metals. You may choose to focus your efforts on finding and selling copper to scrap yards and recyclers. They’ll want what you have.
Lastly, scout the area before settling for a buyer. Find locations where there is intense competition for scraps. There, you will get better rates per unit weight for your loot. Moreover, learn to haggle and negotiate. If you are confident about the quality of the scraps you have collected, you can always wait it out, look for options, and sell to the highest bidder.