Scrap Metal Recycling

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3 Main Factors that Determines the Scrap Metal Prices

Posted by jkrecycling1 on May 14, 2014 at 1:20 AM

Whenever you are planning to renovate your home or cleaning it up, it becomes essential to find an effective waste collection company to get rid of the rubbish. But when it is about disposing your old motor vehicle or electrical household, what is your take on that? Rather than dumping it in landfill, you may think about approaching companies offering metal recycling in Melbourne or around.

 

Finding scrap metal dealers in your locality may not only help you in getting rid of your old junk, but you can also make some extra bucks from it. Many of the metal recycling companies provide the customers with handsome amount of money for metal scrap. For instance, you may get in touch with JK Recycling one of the reputed metal recycling companies in Melbourne to get paid for scrap metals. Let us examine the main factors that influence the scrap metal prices.

 

1. Type of metal: Prices vary as per the value of your metal. For example, while you sell off your old car to a scrap yard, the dealers with categorise it into ferrous and nonferrous materials. Scrap copper prices will be different from that of aluminium or stainless steel. Depending on the type and value of metals, totals costs will also differ.

 

2. Location: Depending on the geographic location, prices may tend to vary. Changing market trends and business competition can influence the cost factor. Have a peek here to find more information on the scrap copper prices and recycling.

 

3. Quality: Even though we are dealing with junk here, quality is always a major factor. While recycling quality materials are valued more.

 

Now you know the major factors that determine the price of scrap metals. So before approaching any metal recyclers, try to find out the scraps’ worth.

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