How Does a Scrap Yard Decide How to Price Your Scrap Metal?
Like any industry, the scrap metal business can be hard to understand for outsiders. However, even many frequent scrappers (and some who do it as a full-time job) don't know exactly how recyclers price scrap metal. The reason for this is simple: determining the value of a given piece of scrap metal is complicated. Furthermore, scrap yards are often taking a gamble when they purchase scrap—especially if that scrap is dirty or corroded, or if it is a material they do not immediately recognize.