How to start making money recycling scrap metal

Collecting scrap metal can be a great way to earn some extra money. Here are some tips on how to collect scrap metal for profit:

  • Be safe

Safety should always be your top priority when collecting scrap metal. Wear protective gear such as gloves, steel-toed boots, and safety glasses. Be careful when handling sharp or heavy items and be aware of your surroundings, particularly when collecting items near busy roads or construction sites.

  • Know the market

Before you start collecting scrap metal, research the current market prices for different types of metals. This will help you determine which types of metals are most valuable and which ones are not worth collecting.

Here are some ways to find people who are looking to get rid of scrap metal:

  • Craigslist

Craigslist is a popular website for buying and selling items, including scrap metal. You can search for ads in the "For Sale" section, or post a "Wanted" ad to let people know you are looking for scrap metal.

  • Freecycle

Freecycle is a network of local groups that facilitate the exchange of items for free. You can join your local Freecycle group and post a message asking if anyone has scrap metal they would like to get rid of.

  • Facebook Marketplace

Facebook Marketplace is another online platform where you can buy and sell items, including scrap metal. You can search for ads in your local area, or post a "Wanted" ad to let people know you are looking for scrap metal.

  • Local classifieds

Check your local newspaper or classifieds website for ads from people looking to get rid of scrap metal. You can also place your own ad in the "Wanted" section.

  • Word of mouth

Let friends, family, and colleagues know that you are interested in collecting scrap metal. They may know of people who are looking to get rid of scrap metal and can put you in touch with them.

  • Drive around

Take a drive around your local area and look for piles of scrap metal outside homes or businesses. You can knock on doors and ask if they are willing to let you take the scrap metal off their hands.

Scrap metal can be found in many places, such as junkyards, construction sites, abandoned buildings, and even on the curb on garbage collection days. Keep an eye out for items such as old appliances, car parts, metal pipes, wires, and electronics.

Remember to always be safe and respectful when collecting scrap metal from people. Ask for permission before taking any items, and wear appropriate protective gear such as gloves and steel-toed boots.

  • Build relationships

Establish relationships with local businesses, such as construction companies or auto repair shops, that generate a lot of scrap metal. Offer to collect their scrap metal for free or for a reduced price, which can help you build a steady supply of materials..

  • Be organized

Keep track of the scrap metal you collect, including the type of metal, weight, and price. This can help you identify patterns in the market and optimize your collection efforts.

  • Be efficient

Maximize your profits by being efficient in your collection efforts. Plan your collection routes to minimize travel time and fuel costs, and be selective about the items you collect to avoid wasting time on low-value items.

  • Bring the right tools

When collecting scrap metal, it's important to bring the right tools with you. These might include gloves, pliers, wire cutters, and a sturdy vehicle for transporting larger items.

  • Be respectful

When collecting scrap metal, be respectful of the environment and the people around you. Avoid creating a mess or leaving any debris behind, and be courteous to others who may be using the same space.

  • Separate your metals

Separating your metals by type can help you get the best price for your scrap metal. Keep your steel, aluminum, copper, and other metals separate so that they can be weighed and priced accurately. Make sure your scrap metal is clean and free of any hazardous materials, such as oil or chemicals.

  • Remove non-metallic, or non-conforming materials

Before you take your scrap metal to the yard, consider removing any non-metallic or lower grade metals from items that are attached to it, such as rubber, plastic, glass, steel screws in aluminum, brass fittings on copper piping, etc. These items can lower the value of your scrap metal.

  • Prepare your metals for transportation

Once you have sorted and separated your metals, prepare them for transportation. If you have large items, such as appliances or car parts, you may need to disassemble them to make them easier to transport. Use tools such as a hammer or saw to cut larger items into smaller pieces, making them easier to load onto your vehicle.

  • Load your vehicle

Consider using a van or truck, not using a family vehicle which may get damaged. Load your scrap metal onto your vehicle in a way that is safe and secure. Use straps or bungee cords to hold the metal in place, and make sure that the load is evenly distributed to prevent the vehicle from becoming unstable during transportation.

  • Transport your scrap metal to Canada Iron & Metal

Once your vehicle is loaded, transport your scrap metal to our yard. Drive carefully, as metal can be heavy and difficult to maneuver. When you arrive at the yard, follow the instructions of the workers on site, who will direct you to the appropriate area to unload your metal.

  • Weigh and unload your scrap metal

At the yard, your scrap metal will be weighed to determine its value. Follow the instructions of the workers on site to unload your scrap metal safely and efficiently. Once your metal has been weighed, you will be paid according to the current market price for each type of metal.

By following these steps, you can collect and recycle your scrap metal at Canada Iron & Metal, helping to conserve natural resources, reduce landfill waste, and contribute to a more sustainable future.