Low alloy steel is a beneficial material because it retains specific chemical compositions that deliver improved mechanical properties compared to conventional mild or carbon steel materials. When such steel is pushed through a punch press production line, punching scraps are created as a result of the punch press puncturing a hole through the sheet metal. These scrap pieces are gathered in a die, where they can be later collected and recycled. As one of the most cost-effective methods for fashioning holes in sheet metal in a high volume metal production process, scrap alloy punchings are a common residual material that happens to still contain a nominal amount of value.
Continue reading to learn more about low-alloy scrap steel punchings, including their current market price and where to sell them in Indiana.
General Composition
Low-alloy scrap metal punchings can range in composition.
However, the industry-accepted definition states that they should contain no
more than 0.4% manganese and no less than 0.05 to 0.06% chromium. Furthermore,
all such punchings are produced at 12 inches, and always under certain specifications
decreed by the Institute of Scrap Recycling Industries.
Average Value
The current scrap metal prices for low-alloy punchings is $280 per gross tonnage (GT). However, this price not only fluctuates, it varies depending on several factors. These factors will be the ultimate influence over how much you profit from your scrap metal punchings. If you have additional scrap steel, this might help you render a fuller profit at an Indianapolis scrap metal recycling center or local scrap metal buyer.
Contact a Metal Recycling Company for a Quote
Call Zore’s Recycling at 317-244-0700 to recycle steel in Indianapolis, Indiana. Not only has Zore’s Inc. been a family owned and operated company for over 75 years, we pay cash on the spot for your metal commodities. We accept cans, sheet metal, appliances, vehicles, auto parts, equipment, and more! Request a free estimate, today.
If you have a cargo of scrap metal on your hands, you should
be pleased knowing you’ll will soon be able to turn a profit and relieve
yourself of unwanted junk. The first step to recycling metal is taking
inventory of the commodities you have to sell. Keep in mind that the larger the
freight, the more profit it will render because the price of scrap metal is
calculated by weight. However, these prices are always changing, and fluctuate
depending on a number of factors.
If the concern of inconvenience is holding you back from
getting into the metal recycling industry, you will be pleased to learn that it
has never been easier! Continue below to learn which metals can be recycled, how
to get started, and who to call for the highest payouts in Indianapolis!
Advantages of Metal Recycling
There are numerous advantages to scrap metal recycling. Cash
returns, reusing old goods, and protecting the environment are examples of how
recycling metal and other materials can be beneficial. There are various types of alloys that can be
reprocessed, so finding some to turn in can be easy. Take some time to learn about these metals if
you plan to do some recycling soon.
Recyclable Metals
There are many types of metals that can be recycled and reused, all of which are grouped into two different categorizations: non-ferrous and ferrous. Non-ferrous metals do not contain any iron; whereas, ferrous metals do. See our blog, “A Comparison of Ferrous and Nonferrous Metals” to learn more about these two vital metal classifications. It is important to explore the facilities that buy scraps of metal in your area, and what types they accept for cash. Some facilities do not offer iron alloy reprocessing services. It all depends on the company and their intentions.
Non-iron alloys are the most popular to recycle because they
are easy to haul in, and easy for the company to reuse. Some examples of such metals include
aluminum, copper, tin lead, zinc, nickel, and titanium. Even some alloys, such
as brass, are categorized as non-ferrous.
Some commodities that are made up from these minerals include batteries,
soda cans, catalytic converters, compressors, and car wheels. The most popular
recycled ferrous metal is steel, which is a carbon-containing iron alloy.
Metal Recycling Tips
If you want to do your part and begin recycling within your community, the best place to start is right at home. Keep in mind the things you often use in your home already that are made of metal that can be recycled. Items such as soda cans, appliances, tools, tin foil, jewelry, and batteries are common metal goods people use every day. See our blog, “Where to Look for Sellable Scrap Metal in Your Home” to learn more examples.
When completing this years’ spring cleaning checklist, think about these types of materials you would normally consider trash, and recycle them instead. If you have large appliances you want to get rid of or trash, such as washer and dryers or lawn mowers, call a local recycling center and see if they offer pick up services. This way you are still doing your part for the environment, without even breaking a sweat!
If you wish to recycle ferrous metals, such as steel, make
sure you call ahead to ask a scrap yard if they recycle these kinds of
materials. Some metal salvaging
companies will accept prepared and unprepared steel; while others do not have
the market to accept steel and iron alloys.
Once you figure out that recycling scrap metal can be easy, there is no end to the environmental contribution you can offer. There is no need to throw away old appliances, junk cars, pop cans, and other alloy commodities when they can all be reprocessed and reused. Just like all recycling, scrap metal recycling is infinitely beneficial to our planet.
How to Recycle Metal in Indianapolis
Call Zore’s Recycling at 317-244-0700 to recycle scrap metal and make some fast money at the same time. We are a professional Indianapolis scrap metal recycling center that accepts and recycles all metals in any condition. Best of all, we pay cash on the spot for them! Recycle all sorts of stuff, including sheet metal and beams, cars, boats, construction equipment, power tools, old electronics, and more! Request a free estimate, today.