How To Find The Highest Paying Scrap Yard Near Me?
Have you ever considered making money by recycling scrap metal? Probably you don’t even know this existed because most people including us don’t. The scrap metal recycling industry is worth approximately 50 billion dollars only in the United states. Therefore searching for “highest paying scrap yard near me” on any search engine can be of huge benefit to you.
The best part of it is it’s easy to get into the industry selling your house’s junk electronics, broken vehicle parts, and bathroom repairs. In this article, you’ll learn about the highest-paying scrap yard near you and earn as much as possible selling scrap metal.
How to find a scrap metal yard near me?
The first step into making money in how to sell scrap metal near me, is to ask yourself where’s the nearest scrap metal yard near me? Or are there multiple near me? Well, there must be using the ways mentioned below:
1. Google search – the oldest but the goldest solution
One of the oldest tricks in the book, yet the most effective way to answer your question: where to find the closest scrap yard to me. With the interactive map google provides, you can get more than just location when typing “metal scrapyard near me” or “closest scrap yard to me”.
2. Yellow Pages – For an in-depth look
The yellowpages.com is the modern phone book where you can locate the nearest junkyard in your neighborhood. All you have to do is to type “scrap yard” and your location into the search bar to get not only phone numbers and locations but also reviews and directions to each scrap yard you found. If your main search query is “scrap yard open near me” then the yellow pages are your go-to, to get directions and to get a sense of how efficient the place is.
3. iScrap App – the modern way
The wholesome app and platform of iScrap, will for sure help you find out the latest and the best scrap metal prices near me, using price averages withdrawn from the national average and updated on a daily basis.
The iScrap platform is not as easy as a google search or yellowpages.com, but it offers convenience and prices and allows you to discover yards directly from your phone.
4. Online Directories
To find out where to sell scrap metal near me, you can search online directories like:
The online directories offer simple and easy-to-use methods to locate local businesses that buy scrap metal and secondhand appliances. All this can’t happen if you didn’t look for a “metal scrap yard near me”.
Scrap Yard: what is it and how does it work?
To put it simply, a scrap yard is a business that buys and sells scrap metals. Such as steel, stainless steel, brass, copper, aluminum, zinc, nickel, and lead. Also, Electronic appliances and defunct automobiles are common targets for scrap yards as a way to get metal and sell it.
Scrap yards don’t always deal with automobiles, there are scrap yards for motorbikes and aircraft too. The goal is to get metal, and as a consequence, they help the environment by recycling and utilizing scrap metal. Scrap metal yards near me are also known as wrecking yards, recycling yards, or junkyards. Like many other ways to get quick money, such as free cash or selling unwanted goods for cash, scrapping metal may be a lucrative side job.
How To Find The Highest Paying Scrap Yard Near Me? Into the background
Unwanted metal scrap from industries like construction, demolition firms, manufacturers, and governments is sent to the scrap yards where they first recycle metal and second reward the client based on the delivery weight. Normal civilians can also access the market by selling unwanted metals and automobiles to scrap yards. The junkyards separate the metal scrap into four categories: ferrous metal, non-ferrous metals such as copper, brass, and aluminum which are more expensive than steel or iron which fall under the non-magnetic ferrous metals, electronic devices, and non-recyclable materials.
The price of metal changes on a daily basis based on the trade market value, the same as the stock market the prices fluctuate and change.
Metal Recycling
Scrap metal recycling is done basically in a process that requires mainly two steps, first pulverized and broken down ferrous and non-ferrous metals. Then the metal is heated and placed in different molds. Scrap metal recycling is 75% less energy-intensive than the process of making metal from zero. Thus, reusing old metal saves money, and reduces the environmental footprint.
What is scrap metal? best things to scrap for money.
Simply, it’s any metal that can be reused or recycled from prior use or production process, this includes waste metal, metallic material, and products containing metal. The industry itself in the UK’s metal recycling business is currently valued at a whopping £5.6 billion, whether it is building supplies or leftover project materials.
Ferrous vs Non-ferrous metals
To understand the scrap metal industry, you must first understand its compositions and luckily there are only two. The two main forms of recycled metal are ferrous and non-ferrous scrap. First, it’s iron and steel. And ferrous basically in Latin means iron. The alloy is the most abundant metal on earth and is used by scrap places through excavators equipped with enormous electromagnets to load and unload it. It’s safe to say that ferrous scrap is magnetic and can be found in durable goods like tires and furniture with 4.7 million tonnes of ferrous recycled metal in 2018. But also in, I-beams, electrical cables, cars, rotors, engine blocks, and many more.
And then there are non-ferrous metals that are impossible to recycle fully, and not magnetic, this includes aluminum, copper, nickel, lead, tin, and zinc. Also, precious metals like gold and silver are non-ferrous metals.
The non-ferrous part of the scrap metal and recycling industry rate is only 10% but with exportation of 10.4 billion dollars in 2018 only in the United states. And that’s due to the per-pound pricing structure of non-ferrous scrap, thus recyclers tend to get a higher return on their investment.
The general rule is, Ferrous metals are more stable than non-ferrous metals in terms of price fluctuations.
How to sell scrap metal for money?
To sell scrap metal for money, you’ll first need to ask yourself where are scrap yards near me? And then locate them, call them to inquire about the current prices for metal but keep in mind that’s always a good idea to negotiate the prices. Second, you will have to get your scrap metal to the yard using any method you wish. Thirdly, the yard workers would take the metal and you’ll get maid by cheque or cash after presenting an ID document.
Scrap metal prices near me:
In the table below, you’ll get a full idea of metal prices by pound according to the national average, but remember the prices vary depending on your area and market value. The scrap copper prices near me are not the same near you. And scrap metal prices near me are not the same as in your area, but here’s an insight into the national average in the time of writing this article:
| SCRAP METAL | PRICE |
| #1 BARE BRIGHT COPPER WIRE | $1.90/lb |
| #1 COPPER TUBING | $1.72/lb |
| #2 COPPER TUBING | $1.58/lb |
| INSULATED COPPER WIRE | $0.41/lb |
| THHN WIRE | $1.01/lb |
| ROMEX® WIRE | $0.84/lb |
| STEEL BX | $0.10/lb |
| BRASS | $0.91/lb |
| BRASS SHELLS | $0.81/lb |
| LIGHT IRON | $68.00/ton |
| #1 STEEL | $101.00/ton |
| CAST IRON | $101.00/ton |
| ROTORS | $119.00/ton |
| COMPLETE CAR | $81.00/ton |
| SHREDDABLE STEEL | $90.00/ton |
| STAINLESS STEEL | $0.22/lb |
| ALUMINUM SIDING | $0.22/lb |
| CLEAN AL/COPPER FIN | $0.81/lb |
| ALUMINUM RADIATORS | $0.20/lb |
| ALUMINUM CANS | $0.28/lb |
| SHEET ALUMINUM | $0.20/lb |
| ALUMINUM RIMS | $0.34/lb |
| ELECTRIC MOTORS (COPPER) | $0.09/lb |
| BALLASTS | $0.07/lb |
| CAR/TRUCK BATTERIES | $0.20/lb |
| COMPRESSORS | $0.08/lb |
| ALTERNATORS | $0.14/lb |
| CARBIDE | $3.50/lb |
| HARD DRIVES | $0.39/lb |
| MOTHERBOARDS | $0.80/lb |
| POWER SUPPLIES | $0.14/lb |
| LOW-GRADE BOARDS | $0.05/lb |
| PC TOWER | $0.11/lb |
How To Find The Highest Paying Scrap Yard Near Me? Highest-paying scrap metals worldwide
The rarity of the alloy usually determines its market value, gold isn’t included in this list but here are some of the highest-paying scrap metals worldwide:
1. Copper metal
Copper is in high demand, and that’s no mystery when you know that it’s used on almost all electronic and electric devices. It’s a household metal and widely available. You might find it during house renovations and upgrades, or within old electric wires.
2. Silver Metal
If you plan to take your silver metal scrap to a pawn store, probably you should consider a scrapyard. Scrap Yards may offer more money for silver scrap than pawn shops. Before selling your silver jewelry, medals, or cutlery to a nearby pawn show consider first verifying with a scrap metal buyer for you may have a better deal.
3. Brass Metal
Brass is used more than you think, in ornaments, vintage artifacts, brass fittings, candlesticks, trophies, plates, door knobs, and or bed frames. It’s in high demand and pays well, but only if you search for scrap metal yards near me.
4. Aluminum Metal
First and foremost, aluminum is everywhere, soda cans, obsolete laptops, bike frames, automobile components, and other electronics. And it sells for good money, all you have to do is collect pounds of it and sell them to a junkyard near you. All you have to do is to search for “scrap aluminum can prices near me” and “scrap yards near me” to have a full idea of where to sell and how much you can earn.
5. Stainless Steel
Don’t question the stainless steel value just because it’s used all over the place. The truth is it’s worthy of your time and efforts alongside other metals comorbid with it, like molybdenum, iron, chromium, and nickel.
6. Lead Metal
Lead is poisonous, and finding its pure form is hard. But, non-ferrous metal recycling is profitable. Take preconscious when handling lead, and sell it directly to the scrap yard near you.
Here are the top 3 highest-paying scrap yards in the United States. Where to sell scrap metal near me?
1. GLR advanced, best scrap metal prices near me.
If you live in Michigan, then there’s no better option than GLR Advanced. They take your scrap metal, junk, Detroit automobiles, and garbage automobiles for a wholesome price. Your search for places to buy scrap metal near me will absolutely lead you to GLR advanced.
They have been in the market for over 80 years as well-established manufacturers of cost-effective solutions for recycling waste metals. So hit them up with your scrap metal.
2. GLE Scrap, the best scrap metal prices near me.
With over six yards in Florida and Michigan, GLE Scrap has years of experience in recycling non-ferrous and ferrous metals, brokerage, trading, logistics and shipping, and electronic recycling. If you live in one of the two states, your yellow pages search for “nearest scrapyard to me” will lead you eventually to GLE Scrap, so why not take the shortcut we provided here?
3. Metal Recycling Services, the best scrap metal prices near me.
A North Carolina-based scrap yard willing to pay you for domestic and industrial scrap including old cars and vehicles. Metal recycling services has 3 outposts all over the state and provide the best value and best service. And if you wonder what time the scrap yard close?, well mostly every location has its own timetable; but you can expect 9 to 5 and Sundays off.
What are the best things to scrap for money?
Due to the fact that the price of the metal varies daily, the earning potential for each alloy varies too. The price you got yesterday may double today, and not all metal scrap is born equal, some have high value, and others are like dust in the desert. Generally, copper, brass, and aluminum are at the top of the list of highest-paying metal scraps.
How to make the most money out of scrap?
The two main rules to make the most money out of selling scrap metal are:
- Put in some time upfront if you’re willing to do so.
- Be ready to negotiate.
Don’t fall into what scrap yards want, sort metals on their type and mark them; when you sell mixed metal scrap you’ll get the price of the least valued metal. Also, do your research, be aware of current scrap metal prices, and if the feasible wait for their picks and avoid their lowest values. And don’t forget to haggle with the reason of course.
How To Find The Highest Paying Scrap Yard Near Me? The final verdict
Congrats, on the knowledge you acquire after reading this much about scrap yards and the metal recycling industry. Now after you know the wheres and hows of scrap yards, you are ready to conduct the search for the “highest paying scrap yard near me”, and to sell the used metal for money.
It’s a valuable side gig and can be scaled up to be your full-time job by studying, sorting, and cleaning metals to maximize your scrap metal earnings. So what are you waiting for, start now.
