Assess Your Scrap Metal for Scrap Prices New Jersey

by | Apr 23, 2013 | Materials and Supplies

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Do you own a manufacturing business in the state of New Jersey? Manufacturing businesses, whether you are making large ship vessels, vehicles such as trucks or cars, stainless steel or other household appliances, and technology appliances, often have scrap metal to spare. But instead of throwing that scrap metal in the trash, where it will just end up in a landfill and oxidize until it cannot be used anymore, how about selling it to a scrap metal recycler? You can fetch a good amount of money by doing this, as purchasers are often willing to shell out great Scrap Prices New Jersey for your metals.

Go to a Consulting or Management Service

If you want to know about how much in scrap prices New Jersey your scrap metal may fetch, there are many consulting and management businesses, which can advise you on price optimization matters, such as payments to facilities, how best to achieve a return on your investment, how to get a higher than fair market value, metal storage, and scrap management. They can also run tests to assess your metal for pricing, including testing capabilities of ferrous and non-ferrous metals, precious metals, and high temperature alloys, precise metal analysis, precise alloy testing with a niton X-Ray gun, and real time recorded data.

They can also advise you on other various factors you should consider which can affect Scrap Prices New Jersey. The prices for which your pieces will be sold typically depend on daily market prices, but also on the type of metal which you are trying to sell. Different types of metals have different uses and capabilities. For instance, prices for ferrous metals can be five dollars extra per gross ton of iron scrap or prepared steel, whereas prices for non-ferrous metals, on the other hand, can be a premium of 2 cents extra per pound of copper or aluminum.

Go to Retail Recycling and Scrap Metal Services

Retail Recycling and Scrap Metal Services can buy your metal pieces on the spot if you are a walk in. But don’t just bring them by hand; be sure to bring a truck with you. These places usually have a minimum on the volume of scrap metal they will purchase. The minimum is typically 5 tons for ferrous metals and 1000 lbs for non-ferrous metals.

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