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It’s helpful to separate ferrous from non-ferrous metals before visiting a scrap yard. Ferrous metals include steel, pig iron and other iron alloys, while non-ferrous metals are practically iron-free. If a magnet sticks to metal, it’s ferrous, and if not, it’s non-ferrous.
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The Basics of Recycling Scrap Metal for Money | E
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Traditionally, metal recycling has been regarded as a profitable business opportunity. In recent years, however, depressed prices have proved to be challenging. At an entrepreneurial level, a common entry point into the metal recycling business is through starting scrap metal collection business or becoming a scrap metal vendor.
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