Good money can be made by selling iron and scrap that is released during, for example, the demolition of a building. Ironmongers like to buy up the iron. This can then be processed again to make steel. A quarter of the steel produced worldwide now consists of recycled material. It is important that scrap iron is not much contaminated. Otherwise it will be worth less.
A considerable amount can be made by selling iron. Many activities often release a lot of iron. This could be during the demolition of a building or in a car wreck. For example, iron is often woven into concrete to keep the construction strong. This is certainly the case with buildings built since the 1950s. It is becoming increasingly common for these buildings to be demolished. In these cases a lot of iron is released. This iron is separated from the rest of the debris. The rubble itself is used, for example, to make gravel as a foundation for roads. The iron itself can also be sold again and then melted down into new steel.
Buy and sell scrap iron
Companies are often willing to pick up the iron in case of demolition. They often offer private individuals to come and collect the rubble themselves, because they can also earn money from it. Private individuals have often long been happy that they are released from the debris that is released during the demolition of a kitchen, for example. These are often metal traders and hardware traders. These buy up the iron and in turn sell it on, or process it themselves. Sometimes contractors also directly process the iron themselves. This happens especially in the case of the larger contracting companies that also handle the rest of the rubble.
Sell iron to metal dealer
Iron is originally a chemical element. The symbol for it is fe. Iron was already melted down in 4000 BC to make utensils. The iron was extracted from iron ore. From about 1200 BC iron was also used to make weapons. What is popularly called iron today is also known as steel. It is in high demand, especially because the world population has grown rapidly over the last century. As a result, for example, more houses are needed. The demand for iron also increased due to industrialization. It could be used, for example, for railways, aircraft, ships and machines. Gradually, the realization has also grown that the world iron supply is also finite. As a result, countries have increasingly focused on the reuse of iron. They also benefit from this because it is cheaper, because the ore does not have to be reclaimed. A quarter of world steel production now consists of recycled steel. Most of it comes from scrap metal.
Sale of scrap metal to hardware dealer
The quality of the scrap has a significant influence on the price you get for it. If scrap is too contaminated, it becomes more difficult to melt it down. The buyer will first have to clean the iron and will incur certain costs. Those costs are, as it were, charged to the person who sells the iron, that is to say, he gets paid less. It is not necessarily the case that more rust indicates that the scrap is of poor quality. The bound oxygen present in rust aids in the converter when it comes to removing excess carbon from pig iron. Especially the presence of copper is bad for iron, because the copper cannot be oxidized from iron.