Showing posts with label copper bar. Show all posts
Showing posts with label copper bar. Show all posts

Wednesday 8 May 2019

Investing in Precious and Industrial Metals

You’ll be surprised by knowing the scrap metal’s worth. Everything from wires and cables to fridge motors, old alloy wheels, etc can be sold for cash to a dealer of scrap metal. Here cash is in figurative sense as these days it is illegal to sell scrap metal in cash. However some common items can make you a tidy electronic payment.

If you deal with scarp regularly or just doing some renovations at home, then listed below are the items to look out for.


Most valuable metals

The price of different scrap metals keep on fluctuating with time and hence it is difficult to give a general price for them. Though in general the most valuable metals besides of course gold, silver & platinum are; steal, lead aluminium, titanium, brass and copper bar.



Among these copper leads the pile, so hang on to it rather than taking it down the tip.


Where to find them?

Here are a few things you must look out for while hunting scrap:

Steel

Several items contain steel making it ripe for the scrap for the scrap. Beams, pipes, hangers and ladders may all contain steel. Keep a specific watch out for the precious stainless steel especially in the kitchen – old cutlery, parts of old fridge and even catering equipments can be worth well scrapping. 


Lead

Once lead used to be very common, however is not the case now due to the high health risks involved. Though, batteries such as of car still contain lead. 


Aluminium

Aluminium can be found in awnings, signs, sidings, gutters and several other building materials. Due to its light weight it is also used in electronics. So anything intact that cannot be resold can be sold for scrap. Furniture made of metal also contains aluminium such as chairs, tables and lamps. Other good sources of aluminium bar are satellite dishes and television antennae.


Titanium

This lightweight yet strong metal is not common but can be found in electronics. Due to its properties it also used regularly for sporting equipments such as golf clubs or bikes etc. If they cannot be sold as they are, they’re worth scrapping.


Brass

Doorknobs, lamp fittings and taps may contain brass. It is often used in plumbing components such as pipes and dishwashers. Mechanical gears and bearings may also contain brass. 


Copper

Copper always gets a good price as scrap. If you have copper pipe or wires left from an electrical or plumbing job then you can take it to a scrap dealer and can get a good amount out of it. Building gutters and old boilers are often made of copper while you can find copper wires in everything from dishwashers, to washing machine, computers, blenders, cameras and much more.