Always carry a magnet to test potential buys. If it sticks, it’s ferrous; if it doesn't, you might have found a high-value non-ferrous haul. 2. Know Where to Source
The Scrapper’s Handbook: How to Buy Scrap Metal Like a Pro
These contain iron and are magnetic. While they are common and easy to find, they typically command lower prices, often around $10 per 100 pounds.
Not all metal is created equal. The biggest key to profit is distinguishing between and non-ferrous materials.
These are non-magnetic and significantly more valuable. Copper is often considered "king" in the industry, sometimes valued at 30-40 times the price of steel.



