From Shavings to Savings

by Nick on April 20, 2014

The following is a guest post.

Do you work with metal or in a metal shop? Does your company use titanium, copper, aluminum, brass, steel, or cast iron? When you look around the floor are chips or turnings staring back at you? What do you do with those scraps? Sweep them into a barrel?

If you answered yes to these questions, then your company might be sweeping away some serious money. And you might be sweeping away a good opportunity to make the work a slightly greener place, too.

How? Because you could be sweeping away scrap metals that you could be recycling for profit. And you could be reducing the burdens on landfills and raw material demand at the same time. Win, win.

So how do you know if it’s worth it for your company? Generally speaking, companies who generate at least 200 pounds of chips or turnings per hour of aluminum, titanium, brass, copper, steel, cast iron, might benefit from scrap metal recycling. (On a side note, you might be surprised with how much scrap metals you might find around your home, like your old cell phone, too…)

And while we have all years of thieves stealing copper from construction projects or companies melting down large chunks of copper or other metals, many companies don’t consider that their scraps of metal could add up to a noticeable windfall. Because chips and turnings add up. So if your company is literally sweeping away untapped profits by never looking into scrap copper recycling, or recycling other metals you have left over, maybe it’s time to put the broom down and look into it today.

Remember, it’s not just about the money. On top of the monetary benefits, scrap metal recycling can reduce the burdens on landfills and demand for raw materials by turning small quantities of old metals into new products.

This post was a guest post. The content of this guest post is the sole responsibility of the sponsor of the post and not SAFTM.

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{ 2 comments… read them below or add one }

Jon @ Money Smart Guides April 21, 2014 at 8:24 am

I’ve made a decent amount of money by recycling scrap from around my house…and I’m only talking about wiring! I put all of my extra cables an wires into a box and at the end of the year, I take them to a metal recycling center for money. You’d be surprised at how it all adds up – after all, everything you buy a new electronics gadget, they usually include an extra cable that you don’t need.
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Michelle April 28, 2014 at 5:48 pm

My dad is a contractor and makes a good amount of money recycling scrap. It’s a pretty safe way to make money as long as you do it legally and ask before you take! There’s so many stories about houses being put in to shambles because of thieves stealing copper or metal scraps.
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