If you’re looking at making the most money from scrap metal, check out some of the mistakes listed below. There is a list of 5 of the most common mistakes people make which can cost you money when heading to your local scrapyard.
The Materials are Not Properly Prepared
Most scrapyards will never encourage you to strip down your copper wire before you take it in. And there’s good reason as they then won’t have to pay you as much for the copper wiring when it hasn’t been stripped.
So, to get the most from your copper wire, taking the time and strip it down! A basic wire stripper or even a more sophisticated one for any larger loads for stripping any copper and aluminium insulated wire, is a great idea.
Only Visit a Scrapyard with a Good Reputation
Similar to scrap itself, you have to weed out the bad from the good and what’s going to make you some money. You have to find respectable metal recyclers in Perth, to deal with and who appreciate your business and won’t take advantage of you. After finding one which is reliable and trustworthy, try sticking with them.
Don’t be misguided by Different Scrap Metal Grades
If you’re somewhat new to the art of scrapping, you may just think that you have a load of great stuff until you get to the scrapyard and discover that what you thought was first class copper is actually only Insulated copper cable because you didn’t bother to strip it. That’s a big variation in price with regards to weight! Make sure to find out exactly what you have and how the scrapyard prefers it when you get to the yard.
Don’t Forget to Separate the Materials before Going to the Scrapyard
The majority of scrapyards will not allow for people do start separating materials at the door because the yard will be set to make less money. You will also be hampering their employees and may even be holding back other customers.
So, ideally, having your materials already separated before going to the scrapyard is of vital importance. And if you haven’t sorted out your scrap then the scrapyard owner will then classify all of your scrap as the least profitable in your load.
Be Aware of the Price You Will Be Getting Paid
Before you venture and take your materials to your selected scrapyard, call them ahead to check out their prices. When consulting with them for that day’s price, ask the scrapyard if they will honour the same price if you happen to visit that very same day.
Should you not be visiting the scrapyard that day, you can’t expect the yard to honour that same price every time. This is because scrap prices can quickly change and even on a daily basis.
So it’s best to call on the same day for the current price.