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Showing posts with the label scrap metal prices

Common Household Scrap Metal That You can Sell to Your Local Metal Recycling Yard

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  Most of us have heard of recycling and reusing paper, plastic bottles, food waste and more, but there is another sector that hasn’t gained popularity is, scrap metal . This includes steel, copper, brass, and iron. These metals are found in your daily surroundings, but do you find yourself simply discarding it? Well, did you know that you could generate revenue by selling the waste, while benefiting the environment as well.  Below are some common household places to find scrap metals which can be used for recycling. Kitchen: Appliances like refrigerators, dishwashers and microwaves have copper wires. It may be a long time that you have cleaned your kitchen cupboards where you may find unused items like pots and pans made up of aluminum. Even an unused kitchen stove can be recycled, as well as all the stainless steel, iron skillet and aluminum foils. If you are someone who consumes soft drinks from a can or eats canned food, these cans can also be sold as scrap metal. Living ...

Important Factors that influence scrap metal pricing

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  Millions and tons of metal get recycled every year, so much that they have become a part of our everyday lives. They are the lifeblood of the global economy. Metal scrap companies are at the center of this stream and play a pivotal role in the industry.  In recent years, metal prices have seen certain price shifts. It is important to understand the reasons behind the same and the factors that influence the pricing of metal scraps— Demand & Supply Demand and supply factors play a critical role in the pricing of scrap metals. A constant pulse on the global metal market prices is kept by all players in the metal recycling industry. An increase or decrease in price is directly proportionate to the demand for metals across various industries. Climate and seasonal high and lows of the construction industry can also affect the pricing.  Quality and Quantity Scrap metal has to meet a certain level of quality in order for it to be used and repurposed. If metals like copper a...