Which are the most valuable scrap metals?

If you have renovated your home or operate a company that makes products using metal parts, there is a high chance you have some scrap metal laying around that you might sell for a profit. When it comes to recycling your scrap, knowing which metals are the most valuable is helpful.

Non-ferrous metals like aluminium, copper, and brass are worth more in the scrap yard than ferrous metals (those containing iron). Here are the most profitable scrap metals:

Silver

The precious metal manufacturer pays more for silver scrap than a jewellery store or pawn shop. If you have olden jewellery, silverware, medals, or antique vases, you can make some quick cash by selling your silver scrap.

Aluminium

Soft drink cans are often the first thing that springs to mind when people think about sources of aluminium scrap. While aluminium cans and other types of packaging yield a significant return when recycled at precious metal refiners, aluminium is also extracted from other objects. They are found in old electrical gadgets such as computers and game consoles, automotive parts, and even bicycle frames.

Gold

Gold, like silver, is a valuable metal that is worth more than other types of scrap, but it is far more challenging to come by. Jewellery, old coins, and antique things are some of the gold objects that come to mind. On the other hand, older electronics frequently contain high enough gold content to make mining the metal worthwhile.

Stainless steel

Today, stainless steel are the most widely used metals in India. It is frequently regarded as less valuable, owing to the abundance of the material. The fact that stainless steel contains other metals such as chromium or chrome (10 % or more), nickel molybdenum, and iron, however, boosts its worth.

Appliances, white goods, and other culinary equipment and some automobile parts and machinery found in factories and warehouses get frequently made of stainless steel. It is vital to remember that a precious metal refining company gives you a higher price if it is spotless stainless steel.

Lead

When lead scrap gets recycled, it is beneficial. However, finding a pure source of non-ferrous metal is difficult. Because pure lead scrap is hazardous, and you must take proper steps to avoid contaminating your surroundings. Because lead goods are so heavy, transporting them is a challenge. On the other hand, scrap lead is usually in great demand and hence, worth the time and effort it takes to locate and transport.

If you have scrap lead or any other ferrous or non-ferrous metal, you have it picked up from your house or business by a precious metal manufacturing company. Most of them provide the bins, deliver them to your property, and then pick them up when convenient for you.

Sarvesh Velankar is an Asst. Marketing Officer in one of the best Precious Metal Manufacture company which offers precious metal refiners India.