Compare scrap metal prices in New York before striking a deal

By selling scrap metal, we not only do a favour to ourselves, we also help the environment get a little better. Scrap metal fetches good commercial value in the market depending on its type and condition; it also helps in reducing mining efforts to extract the metals from the core of the Earth. Statistics reveal that currently, across the globe, only 30% of scrap metals are recycled which indicates that almost 70% of recyclable metals lie idle and waste away that could have been effectively reused. It has also been found that metals can be successfully recycled any number of times without causing any harm to its properties. 

High-selling scrap metals in New York

A. Ferrous metal scrap – are the ones that can be separated out using magnets. This type of scrap is also one of the easiest to recycle. Hence, it is recycled most commonly across the world. Due to the ferrous property, these types of scrap metals fetch comparatively lower scrap metal prices in New York.

• Iron is one of the most popularly sold scrap. Its source can be from manufacturing industries as well as from old items like cars, hair dryers etc. 

• Steel is used for manufacturing almost all types of products these days. Cars, vehicle body parts, white goods like refrigerators, washing machines etc..

B. Non-ferrous – this type of scrap metal cannot be isolated using magnets.

• Aluminum – one of the widely used metals for making beverage cans. In the US, aluminum cans are the most frequently recycled single consumer product. It also finds use in making parts of automobiles, buildings and other household and consumer goods. Aluminum can be recycled in the shortest possible time and hence has a good demand in the scrap market. Due to its large scale applicability, this type of scrap fetches decent scrap metal prices in New York

• Brass – made from zinc and copper, this scrap metal is derived from electrical light fixtures, pipe fittings, door handles, locks and keys etc. Brass has a good resale value in the scrap market because of the presence of copper in it.

• Copper – easily available from wires, electrical circuits and switches etc. This metal commands one of the highest metal scrap prices in New York. If you have a pile load of copper junk, the best thing to do is get in touch with a trusted scrap yard in New York and sell it off for some good money as copper is considered to be the most valuable scrap metal.

• Stainless steel – even with the presence of 70% iron, stainless steel is a non-ferrous metal scrap because of the presence of nickel. Commonly found in household and kitchen appliances, interested buyers offer decent scrap metal prices in New York for this metal scrap.

Some other scrap metals include gold, silver, platinum, palladium and lead – all expensive metals – sourced generally from electronic waste but scrapped infrequently because reselling these metals is economically viable only when done in large quantities.