How to Scrap Metal for Money : Aluminum, Copper, Steel, More

If your in the scrap market then you know how hard it can be to make a living. Like any other market, you need to have a plan before you ever set foot in your truck. (at least I hope you have a truck.). Scrapping metal isn't an easy job, but it's one some one has to do and those who work at it may find it to be very profitable.

Things you need to make money with scrap metal.

1.) You really need a truck to be profitable in this business.

2.) Some materials are much too large to take in one piece, so you may need a torch or saws all.

3.) It's always good to keep at least a minimum tool set with you, some items can be disassembled before loading, and some items you will want to separate. (like bronze fittings on steel pipe.)

Finding scrap metal in your area.

When it comes to finding scrap there are several methods you can use, choosing the best option however, isn't as easy.

1.) You can contact friends, neighbors, and relatives.

2.)You can get up early every morning and search 'Craigs List' free adds, Yahoo Freecycle, or other localadvertisements on google.

3.)You can put an add in the paper for free scrap metal pickup.

Finding places to take your scrap metal.

Once you have made a few stops and your truck bed is full you need to have a place to empty it, and fill your pockets with cash. Some items you may not want to take straight to the scrap yard, so having a small property where you can disassemble them is a plus. Once you are ready to get rid of that scrap metal, you need to get educated by,

1.) Checking scrap prices for different metals on line.

2.) Calling to check with the local scrap yards to see what rate they are paying.

3.)Separating your metals into piles, or buckets, and if you have copper wire (romax, speaker wire, phone line, or coaxial cable) removing the liner from the copper prior to taking it in.

Dealing with the scrap yard, These are some things you should be observant of as you approach the scrap yard.

1.)Noting the location of the scales, and if they have separate scales for smaller amounts of scrap metal.

2.)Where each metal pile or can is located.

3.)Where the back of the line of cars is.

Scraping metal for money summary,

If you follow these rules, have all the right equipment, including truck and tools, scrapping can be a lucrative business at times. Especially during spring cleanup seasons. You do however, need to take care to monitor your gas expenses, and try to have a trip plan that targets groups of addresses all in a line. It's not unusual to make $100 a day on a good day.