If you're planning to get into the scrap metal business, it's essential that you understand the difference between ferrous metals and non-ferrous ones. Keep reading for some information about these types of metals, as well as how you could differentiate between them.
Ferrous metals are commonly used in appliances and electronics such as dryers, freezers, washers, and refrigerators. Their use is not restricted just to that, though. These metals can also be used in farm implements, vehicle motors, pieces of machinery, etc.
Storing your scrap metal allows you to save it until prices are as high as possible, and it also helps you save up bulk quantities -- some scrap metal recyclers pay higher rates to people with large quantities of metal. Setting up a scrap metal storage area isn't that difficult. Here's what you need to consider:
1. Weather Resistance
Storing metal outside for a while isn't going to hurt it. However, if you know that you want to store your scrap metal interminably, it may be better to have a weather-resistant storage area that protects your metal from water damage and rust in particular.
Are you thinking about starting a scrap metal collecting business? If so, there are a few supplies that can help. If you want to be able to collect as much scrap metal as possible and have a successful business, you need the following items:
1. Smartphone or Computer
While you can make a bit of extra money picking up aluminum cans on the side of the road or just recycling the scrap metal you have at your home, the real cash lies in being able to find as much scrap metal as possible.