The scrap metal industry has experienced some major changes in the past few years. The ability to process scrap metal and turn it into high-quality products through the use of new technology and equipment has made purchasing processed metal products more attractive to manufacturing companies and other industries.
It is now estimated that there are over a million specific industries that use and supply metal scraps for different purposes all over the world. Scrap metal prices in Massachusetts and all across the country have increased in order to meet these demands and many countries around the world are now making efforts to supporting the scrap metal industry.
World Growth = Increased Demand
As more countries grow and expand, particularly in places like China where an industrial revolution is taking place, an increase in cost and demand for scrap metals is seen. Metals are used in many places that you might not expect, such as bridges, highways, roads and buildings. They are also used to manufacture trains, aircraft, automobiles and other vehicles, which are used more commonly now in developing countries.
Believe it or not, an increase in demand for metals in China causes a ripple effect right here in Southeastern Massachusetts. We see it in a rise in prices for copper recycling in Fairhaven and we see a boost in the best prices for steel in Nonquitt. Wherever you go, changes are happening to scrap metal prices in Massachusetts and all over the world as a result of global growth.
How to Recycle Ferrous and Non-Ferrous Metals
Before scrap yards had the technology to process metals for re-use in the way they do today, the fastest way to meet an increase in demand for metals was to mine raw metals from the earth. Unfortunately, generations of metal mining has diminished our global supply. Using scrap metals not only preserves our global reserves of raw metals, but it also costs less to process, consumes less energy and produces less emissions.
Both ferrous and non-ferrous metals are used for different purposes and both are currently in demand. Any metal that contains iron is placed in the ferrous metals category. These metals can be quickly checked for with the use of a strong magnet. If the metal is magnetic, chances are it is ferrous. If it doesn’t stick to the magnet, then it’s likely non-ferrous. Common ferrous metals include steel or light iron. Common non-ferrous metals include aluminum or copper.
There are things you should know about how to recycle ferrous and non-ferrous metals that will help you to maximize your earning potential. Separate ferrous and non-ferrous metals before bringing them to the recycling facility and then separate your aluminum items from other non-ferrous metals for faster processing. Check with your local recycling company to find out how they want the metals separated for their purposes, but in most cases the distinctions we’ve covered here will suffice.
What Items Are Recyclable?
Pretty much any type of waste metal that is found in a junkyard, such as automobile parts, old appliances, wire, cans, tins and even computer parts and yard art, can be recycled for cash. Copper recycling in Fairhaven can be easy if you can work with a construction, demolition, remodeling or clean-up company to get access to discarded or otherwise unwanted scrap.
Copper is found in many appliances, such as air conditioners, and is also found in household pipes, wires and other common items. Just make sure you have permission before you take any items that appear to be discarded. With scrap metal prices in Massachusetts on the rise, companies are beginning to take notice of the value hidden in these items and may not want to part with them.
Recycled scrap metal is used today to create parts for aircraft and automobiles, helping to preserve our natural resources and reduce costs and pollution in the air. Using processed metal products that can be melted down and shaped into parts and specific pieces for manufacturers is more economical, helping companies to cut expenses, reduce end costs for consumers and still make a solid profit.
How to Get the Best Prices for Steel in Nonquitt
It doesn’t matter where you are in Southeastern Massachusetts, you can get the best prices for all your scrap metal at Mid-City Scrap Iron & Salvage. Located in Westport, Mid-City pays top market rates for all of your ferrous and non-ferrous scrap metal. A full service recycling and processing service, Mid-City has the tools, technology, know-how and experience to maximize the potential of your recycled scrap metal, allowing you to increase your profits and make the most out of your scrap metal recycling business.