Avoiding certain mistakes while scrapping metals can protect you from site injuries and certainly earn you more money. Since scrap prices aren’t fixed and can constantly fluctuate in the market, you need to ensure that you find the right ways to maximize the most when you can. After the stress of collecting these metals, you shouldn’t be predisposed to be cheated by recyclers and their persistent need to earn bigger than necessary.
To comfortably cope in this scrapping and recycling business, you need to avoid common mistakes, even as a beginner. This post will reveal to you some mistakes you shouldn’t be a victim to when scrapping metals. Read them and learn from them;
Scrapping metals unprotected
It would be best if you never attempted to go scrapping without wearing safety gear. Scrap metals have jagged or sharp edges and can easily poke, tear, or puncture your skin and cause a severe injury. While scrapping, you MUST wear safety gear comprising puncture-resistant gloves, pants, boots, and long-sleeved shirts. It is also ideal to go with a handy first-aid kit to treat possible injuries quickly. A pair of tweezers, band-aids, and topical creams will do.
Not being updated on the prices.
Prices of scrap metal fluctuate constantly. Sometimes, it will be on the high side and then drop drastically. If you don’t scrap very often, you still need to keep tabs on scrap prices just like you will do on the stock market. If it requires you to sell off when the price is high, you can earn more.
Additionally, simply having an idea of the price will give you an edge and negotiating authority when selling at the scrap yard for recycling.
Dealing with a scrap yard with a bad reputation
It is essential to know that not all scrap yards in London have the same reputation. Some will mislead you for their selfish interest. Some may even give you very little for what your scrap is worth. So before you commit to any scrap yard or recycling company, ensure that you’ve done a little background check on their reputation, prices, and deals. This will put you on a better side.
Mixing your scrap metal
Not separating the metals you collected is another common mistake you need to avoid. Before taking the scrap metal to a local scrap yard, make sure you have sorted them into different types. If you do not, you might fall into the hands of dealers who will buy at the value of the lowest metal in bulk.
By separating and identifying them, you will receive higher prices for the metals depending on their worth. Labeling the containers will make your work easier.
Scrapping without a magnet
Magnets are the essential scrapping tools. They are used to distinguish and identify metals into different categories. You might need a magnet to separate the ferrous metals from the non-ferrous metals. Ferrous magnets will stick to the magnets and are generally of less value. Non-ferrous will not stick to the magnets and are of better value when sold in the scrap yard. After identifying them, pack them into separate containers.
A PRO TIP: You need to understand the concept of scrap metal grading. If you intend to deal with copper, this is an essential aspect of it. Each grade of the metal has a different price, and the highest grade is the Bare Bright Wire. The least is the Insulated Copper Wiring and earns a minor profit. Deal with the right recycling company today and gain valuable profits from scrap metals. Good-luck!