Collecting Scrap Metal for Profit
When the metal products we use in our everyday lives are no longer useful, they are either discarded or recycled for use in other products or projects. Because metal is a resource that can be recycled over and over without any loss in quality, recycled materials are just as useful to manufacturers and builders as freshly mined and forged metals. Thanks to this element’s unique trait, collecting scrap metal for profit is a common—and sometimes profitable—endeavor. The Difference Between Ferrous and Nonferrous Metals Before you start collecting scrap metal for profit, it’s important to know the difference between ferrous and nonferrous metals . The distinction between the two is the presence of iron. Ferrous metal is magnetic and contains iron, which makes it stronger than its counterpart, while nonferrous metal is more pliable and resistant to corrosion. Typical ferrous scrap items submitted for recycling include things such as old machinery, stoves, refrigerators, freezer...