Make Money by Selling Your Metal Pieces and Checking Out Metal Prices NJ

by | Apr 23, 2013 | Construction and Maintenance

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Do you live in the state of New Jersey? Do you own large quantities of metal that you would like to get rid of? If you are a manufacturer or an owner of items containing large quantities of metal, for instance, cars or ships, you can make a substantial amount of money by selling your metals for great Metal Prices NJ.

Types of Metals: Ferrous, Non-Ferrous, Precious Metals, and High Temperature Alloys

There are many factors to consider when checking out metal prices NJ. One is the type of metal which you are trying to sell. Prices vary by type of metal, which makes sense when you consider that different metals have different uses and capabilities. But the differences are more complicated than just copper and steel. Types of metal include ferrous metals, non-ferrous metals, precious metals, and high temperature alloys. Ferrous metals include #1 and #2 foundry steel, #1 and #2 heavy melting steel, plate and structural steel, machine shop turnings, cast iron borings, bushling, clips, and cast iron of various grades. Non-ferrous metals include copper, lead, aluminum, brass, bronze, EDM wire, tin, and stainless. Examples of precious metals are gold, silver, x-ray, lithos, scrap film, platinum, CPUs, circuit boards, and memory chips. High temperature alloys are zinc, cobalt, nickel, monel, inconel, hastalloy, chromium, titanium.

On-Site Metal Processing and Analysis

Many consulting and management businesses can assess your metal for pricing. As part of the assessment of Metal Prices NJ, the service should perform testing capabilities of ferrous and non-ferrous metals, high temperature alloys, and precious metals, conduct precise alloy testing with a niton X-Ray gun, conduct precise metal analysis, and take real time recorded data.

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 be sure to bring a truck with you; often times, they have a minimum on the volume of scrap metal they will purchase. Typically, the minimum is 5 tons for ferrous metals and 1000 lbs for non-ferrous metals. The prices for which your pieces will be sold typically depend on daily market prices. Prices for non-ferrous metals, for instance, can be a premium of 2 cents extra per pound of aluminum or copper. Prices for ferrous metals, on the other hand, could be five dollars extra per gross ton of iron scrap or prepared steel.

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