I have said this before, so I hope saying this in this thread doesn't make me sound like a broken record. I apologize if it does.
To get more money from your scrap metals you first have to understand the flow of scrap metals being recycled.
Metals are first used, then discarded
Recyclers/scrappers collect metals and sell to a scrap yard
Scrap yards accumulate the metals and turn them over to refiners
Refiners purify metals and turn them over to industry
Industry creates viable products and sells them again as retail products.
Obviously the best way to recycle is to take the recycle good, and turn it directly into something that can then be sold retail. In this way you cut out the middle men who otherwise would be making a percentage of your profit. Here is a very simple formula that isn't nearly as dangerous as refining, but will make you far more for your copper than you are by selling it to your local scrap yard.
Melt it into ingots. That's right, melt it into bars and sell it on
ebay, or craigslist, or whatever. People are buying metals as the economy does worse and worse. This is a little known money making model I am sharing with you, and has been bread and butter for me.
Take something cheap and turn it into something worth more by adding your craftsmanship and labor
I am giving an example of what copper could potentially sell for if cast into a bar and stamped with something very simple.
20 Kilo Copper Bullion Bar 2 2 Pounds Each Ingot New | eBay
That is 20 bars of copper each weighing 2.2 lbs which amounts to 44 lbs of copper for $419.99. 419.99 divided by 44lbs = $9.54 per lb. How much do you currently get for scrap copper.
Now that is .999 fine copper, copper pipe is only 99.9 fine usually. Here is an example of 99.9 fine copper ingots:
"Copper" 6 1 Kilo Copper Ingots | eBay
Without going over all the math again, these are selling for about $5.38 per lb, right around $2.00 more than you would get at a scrap yard.
You can build a furnace capable of melting copper for around $400.00 that would work extremely well and give you years of service. The crucibles and ingot molds to melt copper would not be too expensive. Instead of attempting to make your copper bright and shiny, you can simply melt it and pour and sell it for more.
You can also do the same for Aluminum:
Aluminum Ingot | eBay
Zinc:
18 lbs Zinc Ingots Used as Non Marring Blks to Strike Dies Midland Foundry | eBay
The more labor and craftsmanship you invest in your scrap, the more money you can make. With just a small investment, little time, effort and energy you can make a lot more for your metals than otherwise you would.
Scott
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