2 cents per pound for scrap metal????????????

MPR411 - A couple of questions that might help me, help you. 1. Did you or have you actually sold any scrap metal and if so, what did you actually sell? 2. Do you have a place that you can process your scrap metal, sort and break down into sorted type of metal (brass, steel, copper, wire etc.)?

One of the most important lessons anyone needs to learn in the scrap metal business is, "What works for them or you". That takes time and each individual has to answer that to their satisfaction, continually and refining their operations as they progress.



The two companies you mentioned are both very large and successful scrap metal companies, with over 40 years in the business. The first one has more than 50 yards in Ca, Tx, Az, and Nv. They are the only one that I know of that has a harbor facilities in Los Angeles. Many other yards are feeding them their light steel, so they are a price setter in this area. The second company is owned by a man that has invented and holds several patents on recycling processes and equipment. A very wealthy, smart and successful businessman, the "recycling" can that your local trash company picks up every week, is probably processed by one of his companies.

So as I say they are both good companies and both companies I used when I first started selling scrap metal more than ten years ago. I don't use them anymore for only one reason, "they don't work for me". Because a scrap yard is the biggest or has the most yards, does not make them the best for you or me!

I would recommend that you learn how to break your scrap down into the many different grades of material. Accumulate your scrap until you have about $40 to $50 worth. Then try several different yards in this area, find one that is helpful to you, demonstrating to you that they want you to be as successful as they are (it has to be good for both of you!).

There are many good old post here that I think you should read. One of the best ones, I think is titled "How many scrap buckets do you have" (something like that). That is a good one, because it will give you a idea on how many different grades of scrap metal there is. Keep us posted on how you do and keep working it!

Originally Posted by bigburtchino

MPR411 - A couple of questions that might help me, help you. 1. Did you or have you actually sold any scrap metal and if so, what did you actually sell? 2. Do you have a place that you can process your scrap metal, sort and break down into sorted type of metal (brass, steel, copper, wire etc.)?

One of the most important lessons anyone needs to learn in the scrap metal business is, "What works for them or you". That takes time and each individual has to answer that to their satisfaction, continually and refining their operations as they progress.



The two companies you mentioned are both very large and successful scrap metal companies, with over 40 years in the business. The first one has more than 50 yards in Ca, Tx, Az, and Nv. They are the only one that I know of that has a harbor facilities in Los Angeles. Many other yards are feeding them their light steel, so they are a price setter in this area. The second company is owned by a man that has invented and holds several patents on recycling processes and equipment. A very wealthy, smart and successful businessman, the "recycling" can that your local trash company picks up every week, is probably processed by one of his companies.

So as I say they are both good companies and both companies I used when I first started selling scrap metal more than ten years ago. I don't use them anymore for only one reason, "they don't work for me". Because a scrap yard is the biggest or has the most yards, does not make them the best for you or me!

I would recommend that you learn how to break your scrap down into the many different grades of material. Accumulate your scrap until you have about $40 to $50 worth. Then try several different yards in this area, find one that is helpful to you, demonstrating to you that they want you to be as successful as they are (it has to be good for both of you!).

There are many good old post here that I think you should read. One of the best ones, I think is titled "How many scrap buckets do you have" (something like that). That is a good one, because it will give you a idea on how many different grades of scrap metal there is. Keep us posted on how you do and keep working it!

*First off thanks for all the advice,knowledge,info, and help from BigBurtChino and all the others here! you are all a big help so far!

So,i lost my house in san dimas,where i had a full 2 1/2 car garage on an alley with large cement pads on each side of the garage which gave me a great area for scrapping and storage.
i had to get rid of most all of my stuff and move in to my parents little studio guest house behind the garage in claremont. so i am very limited on storage and scrapping/teardown space.
i did get a bed full of old heater and sheet metal parts. i was able to strip out all the copper wires,a small computer board,a little aluminum,and brass,etc. while it was in the bed of the truck!
i took it to mission recycling it was the closest to me.

i am willing to drive a few more miles if anyone can give me the name of a good yard that pays more than $.02 per pound! the other yards in the area are paying $.02 as well,i checked!