Kenyatta Boone, in her article on Yahoo! Voices, reports on how selling scrap metals can help you earn extra money:
With the economy in shambles for some, many people look for a way to put some extra money in their pockets. Most people don’t know that scrap metals can supplement their income. Many people earn about an extra $300 per week gathering scrap metals that other people just throw away.
What kind of scrap metals can you make money scrapping? One can make money by scrapping the following metals: copper, gold, brass, aluminum, and stainless steel. Copper is the most popular of the scrap metals.
Scrap metals can definitely be a source of extra cash, but the question is how much money can you make out of certain kinds of metals?
Copper, the most popular scrap metal, can be found in many appliances. If you have old television sets, refrigerators, radios, DVD players, and computer monitors, you might want to check them first for copper before throwing them away. A television set alone has a thick copper wire tubing that is very valuable, and which you can sell to honest scrap metal buyers like A&R Metal Recyclers.
Average scrap prices for copper vary depending on its type. Clean, bare, bright copper wire will earn you an average of $3.10 per pound, while the rate for copper tubing and flashing is typically $2.87. Insulated copper wire, on the other hand, has an average of $1.00 per pound. Unlike other metals, copper is the kind of metal that can be recycled repeatedly without losing any of its content, which makes copper more valuable than the others.
Other metals include brass, aluminum, and lead. Brass is $1.70 per pound of plumbing pipes, scraps of aluminum siding cost $.57 per pound, and lead pays out $0.48 per pound. Even car batteries, forklift batteries, brass water meters, old Christmas lights, beverage cans, soda cans, lawn furniture, car trims, and storm doors can be sold per pound to local scrap yards like A&R Metal Recyclers.
To help make your trip to the local scrap yard hassle-free, you can use separate trays or cardboard boxes for different kinds of scrap metals. If you have more questions, do not hesitate to ask a reliable scrap metal buyer like A&R Metal Recyclers.
(Article Excerpt and Image from Scrap Metals Can Put Extra Money in Your Pocket, Yahoo! Voices, January 10, 2013)