NOV 22, 2024
Scrap metal is a part of everyday life, even if we don’t always notice it. Not all scrap metal is worth the same. Some types are highly valuable, while others might not be worth much at all. RCM Recycling breaks it down so you can make smarter choices when selling to a scrap metal buyer.
The value of scrap metal depends on a few key factors:
Here’s a look at the metals that usually bring in the highest value for a scrap metal buyer:
Clean copper wire or pipes can earn you top dollar, but even corroded copper is worth something. Look for copper in old air conditioners, refrigerators, or electrical cables.
Aluminum is lightweight but incredibly versatile. Although less valuable than copper, aluminum can still bring in good money because it’s used in many industries. Scrap metal recycling companies love aluminum because it’s easy to melt down and reuse.
It’s heavier than it looks and fetches a decent price. If you have old brass doorknobs, faucets, or keys, don’t toss them out—they could be worth more than you think.
Stainless steel is known for being strong, resilient, and corrosion-resistant - qualities that make it industrially and domestically sound. It is used in kitchen appliances, automotive components, and medical devices. Stainless steel with a high nickel content will usually be worth more.
Although less common, precious metals like gold, silver, and platinum are incredibly valuable.
While some metals are worth a lot, others might leave you disappointed. Here are the ones that typically bring in the least money:
Unfortunately, tin has little value in the scrap metal because it’s cheap and plentiful. If you collect tin, you’ll likely need a large amount to make it worthwhile.
While you can still make money recycling iron, it won’t bring in as much as metals like copper or aluminum. Scrap metal buyers often accept iron from items like old furniture, pipes, or fences but don’t expect a big payday.
While it’s not completely worthless, it’s one of the lower-value metals because of its toxicity and the challenges involved in recycling it. Most scrap metal companies are careful about handling lead due to environmental concerns.
Zinc can be found in roofing materials and alloys, although its value as an individual metal (such as brass) remains relatively modest. Zinc's use adds value to other metals by augmenting them; its demand remains moderate.
Before taking your scrap to a scrap metal company, separate it by type. Clean, sorted metal is more straightforward to process and usually costs more.
Remove any non-metal attachments, like plastic or rubber. For example, stripping the insulation off copper wire can significantly increase its value.
Metal prices fluctuate based on supply and demand. Check current market rates to know what to expect when you visit a scrap metal buyer.
Choose a buyer with an excellent reputation to ensure a fair deal. Some places might even help you identify the types of metal you have.
Understanding which scrap metals are of most value can help maximize earnings and make more informed recycling decisions. Copper, aluminum, and brass are highly sought-after metals, but don't overlook recycling lower-value metals like aluminum. Working with RCM Recycling ensures you get better prices while positively contributing to environmental efforts.