It’s no secret that we live in a throwaway society. Many people use products and devices that have a limited lifespan. When they stop working, they just throw them away and buy new ones to replace them. The same fate even applies with the cars that we drive!
Most people often have broken things in their homes that they don’t have the time to dispose of. The scrap industry is taking advantage of that fact by getting creative. They offer consumers a convenient way to take scrap off their hands for free. Many even provide local collection services.
Did you know that one person’s junk is another’s treasure? The scrap industry is worth billions, and it’s easy to see why. Metal recycling, including precious metals, is in high demand. Rather than creating new metal, it’s easier to make new products by recycling.
So, if you’re looking for a new enterprise, should you get involved with scrap recycling? Here are a few reasons why you should:
Scrap metal is everywhere! The funny thing is people are willingly giving away metal for free that has a value attached to it. Even metals like iron are worth something.
Higher value metals like copper are abundant in old cabling for instance. So, one person might think that old toaster they’ve chucked away is worth nothing. But, it’s got some value to it. And the more junk toasters scrap metal recyclers get, the more cash they’ll receive for their efforts!
Even precious metal gets thrown out
When people die, they might have tangible assets that no-one can claim. Quite often, those items get sold at auctions. Many scrap metal recyclers often find precious metals like gold hidden in furniture.
Other times they might get lucky and find some in the street. I once found a gold ring on the floor near the MGM National Harbor. No-one claimed the ring, so it got given back to me. Of course, I sold it for a small profit.
Now, if that happened to me, chances are it could happen to anyone else!
It helps the environment
So far I’ve talked about the financial benefits of recycling scrap metal. There are also many environmental ones too. Imagine if we didn’t recycle any of the metal that gets reused today.
We’d have mountains of rusting metal appliances and other items. Landfill sites would fill up fast, and we’d soon live in a world of garbage! Recycling metal helps the environment more than you realize.
How to make the most amount of money
When it comes to recycling metal, you’ll need to try and aim for the metals that are worth a lot of money. I’m talking about precious metals like gold and silver, of course. But, there’s also metals like copper that are in high demand.
Electrical appliances contain trace amounts of gold and copper. When looking for items to recycle, stick to those items.
Thanks for reading today’s blog post. See you later!