Saturday, July 25, 2015

Storage Ideas

Storage Ideas

When it comes to storing your scrap(which can quickly amass to fill a room) storing your scrap and keeping it sorted is a must. Some layer of security is in order as well since people will steal your metal. Some creative solutions I have found out myself and others through a little research.  

Storage Solutions I use

  • 5 gallon buckets- These nifty little bucket are frequently deep enough, sturdy enough and easy to label. I use these to hold my sorted out scrap. My labels include copper(clean and coated), iron/steel(ferrous metals), aluminum, tin(exclusively tin cans), and mix metals. I'm not a huge scrapper so these are a cost effective solution for my size.  


  • Shed- I am lucky enough to have a shed outside to store my buckets and lock up a lot of my more valuable metals. It also allows me to store large pieces of metal like a muffler or furniture springs around it. I live out in the country so metal theft is not common as neighbors are few and far between. I really care about my copper, aluminum and e-scrap collection as these are valuable so a lock is placed on the shed. "Locks keep honest people out," is the saying I've heard and I'd like ti think there's mostly honest people out there.

Other storage solutions

  • Yard- If you live "way out there", your large yard away from your neighbors can serve you just as well. Just throw down a tarp or put up some markers and you can sort out large quantities of metal. 

  • Totes- Old plastic totes that used to store toys when you were a kid are also great items to sort out your metals. They are large and are good enough for a few pounds of metal. Just be careful, they can be brittle and break if you throw too much in them.

  • Rooms or closets- Use an empty room or closet to store your metals(preferably in some kind of container). This is primarily the solution if you live in a more residential type setting and have limited or no outdoor space. 



Concluding, many solutions are available to the storage of your scrap metal. This tentative list is but a few of the dozens of options you have. Check and see which of them is right for you.   

Friday, July 17, 2015

To Sell or Scrap?

To Sell or to Scrap?


Most scrap items, like appliances, I have mentioned before have intrinsic value in the form of their metal bits and pieces. They also have extrinsic value in the form of their functionality, like a microwave heating up food or drink placed inside of it. The extrinsic value is also slightly but wholly(unless it's retail priced) reflexive of the labor and overhead involved in making the item a functional and valued piece. The intrinsic value is, no more and no less, the market value of the metal to a scrap yard. The disparity in price is when you must decide, to sell or to scrap? 

To help answer this question, I have created a few guidelines to at least try and help you decide which is easiest and best for you.

When to Sell

Starting off when to sell, I'll define what I mean. Scrapping and selling are actually similar but different. Selling will be the item, say an old refrigerator, is taken in to a pawn shop or sold to a relative/neighbor/friend/etc. in working condition for its extrinsic value. I say working condition because it is far more valuable when it is working. Here are a few guidelines to check off when selling vs. scraping:

  •  Value: Is the item worth the effort to fix it, if it is broken? Will the effort justify the money and time? Unless it works alright, the answer here, yes or no, will answer sell or scrap.
  • Demand: Does someone already want it and you can fix it up for a quick flip or is "everyone" into a newer, better, cheaper alternative? The menagerie of small and large appliances at your local pawn shop may help you answer if you can sell that old fridge and the internet will help give you a starting price.

   

Scrapping

Scrapping an item, like a fridge, is taking it to either a scrap yard or selling the METAL for its market value to another person. This is the intrinsic value. The condition of the item is ineffectual to the price. A few things to consider for scrapping are:

  •  Condition: An item that is in crappy condition, beat up, rusted and not working is more than likely scrap. Look at the item and ask yourself, would you buy that? Can it be fixed up quick and cheap? That is your answer to sell or scrap. 
  • Transport: Can you easily transport the item effectively and safely to the scrap yard or to whomever wants it? This is important as safety and proper transport is an all important factor when scrapping. 



I hope this brief piece helps you with a few considerations in deciding whether to sell or scrap.

Monday, July 13, 2015

Metal Theft

Metal Theft


There are few things out there that are more egregious than the theft of metal. The cast goes beyond the simple cost of the metal itself. There is frequently collateral damage. 

  Some examples of the true cost of metal theft.


The theft of copper cables off of train rails. The BBC reports, from the UK, that if even an inch of copper cable gets stolen, this causes massive train delays and thousands upon thousands of pounds(dollars) of damages for just a few pounds(dollars) in rewards.

Another story from CNBC documents how some thieves in the US are stealing copper cables from electrical stations, residential homes, and even from a construction site. Reportedly, copper theft is a $1 billion business in the US.(That's a ton of money.)

The point being...

The point being, metal theft carries a larger cost than the material itself. The melting down of copper wiring, for example, means the wire not only has to be bought again, but someone has to pay to make it again, pay to rebuy it, pay to transport it, pay to have someone reinstall the wiring and pay to test to make sure that the wiring is safe. This is another reason why I insist on only breaking down broken or antiquated items. They served their purpose and/or are now useless.  

Again, do not steal metal. It is expensive and nets very little money. Across the country(in the US), metal theft laws are getting updated to make selling stolen metal harder and carry harsher punishment. 

Saturday, July 4, 2015

Renovation and Home Improvement

Renovation and Home Improvement Projects

A home project is a great way to really make your home feel cozier, more practical or just look prettier. Home improvement projects, however, generate a lot of mess. They leave wood, tile, tools, and dust all over the place. An unfortunate aspect but not to worry, a scrapper like you should see this as an opportunity. 


An Opportunity from the Dust

The material leftover from the home improvement project or renovation will undoubtedly contain some metal pieces. The leftover wood from where you peeled off the trim or the tack strips from that carpet you finally ripped out, for example. The nails in the wood are easy to get out if you know what your doing. Turning the wood into either a romantic fire in the fireplace or as part of your stockpile for a bonfire lets you easily get functionality(the fire) and use little effort removing the small amount of metal. Use a magnet the next day(careful as the ashes hold heat very well) and easily get the nails ready to scrap.

Another source of scrap metal will be the broken and busted items that are an inevitable part of fixing up the house to make it more homey. Sections of extra pipe, that clock you accidentally broke or that old piece of decor that no longer looks good are all a few items that would serve you better sorted and scrapped than tossed. The key to turning the mess into profit is a little work. You must take your time to sort out and bag scrap and garbage separately.

Treat your metal like money

Your scrap metal should be treated like money. Whether you are renovating the kitchen, living/bedrooms, or the garage/basement/workshop, chances are your house is lousy with metal objects. I have covered these areas in a little more detail with a short list of items you should keep an eye out  for so as to maximize your potential income.