Four Tips to Reap Profit from Scrap Metal Recycling

Scrap metal recycling is a profitable business where you do not even have to ?? the line. Read on to know how you can make the most of your scrap metal junk.

Determine the value of the scrap metal type

Not all types of metals are bought by scrap metal dealers.. You need to know what type of metalsare acceptable to recyclers and that  can earn you a profit. Is the metal you’re searching for worth your time?Stay up-to-date with the latest scrap metal prices as they change frequently.

Determine which scrap metal is the bestseller in your vicinity

There are certain metals that sell a lot faster and at a higher rate in specific areas. It pays off to do a little research on what sells best in your area to make good money out of scrap metal recycling.

Segregate your scrap metals

Segregating as per metal type gives you a clear understanding about the different kinds of metals you own, and how much?

Categorising your metals and organising them helps you to make more profit as you know how much should you get in return. A disorganised fortune metal or scrap metal pile often eats into your profit margin as you may not receive the right amount on exchange.

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Disclaimer: This article(s) has been prepared solely for information purposes, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).

Effective Tips for Lifting and Transporting Heavy Scrap Metals

Scrap metals recycling can be efficiently managed with the right resources and methodology. Please read on to know all of them below:

Do’s and don’ts: while lifting scrap metals

Don’t bend to pick up the metal scrap in a manner that would put a strain on your lower back  and muscles. Always lift while bending your knees to prevent any injuries of the back.

Share your load with another individual/s. Don’t force yourself to carry weight that is beyond your endurance. Be comfortable.

Tip – If you don’t find a helping hand, use a dolly to lift heavy objects.

Do’s and don’ts: while manoeuvring scrap metals | Scrap Metals Doha

Identify and label the oversized loads. The objective here is to alert other drivers to steer clear and keep a distance.

Tip – It is recommended  to have a friend or a colleague follow behind you in case you are transporting a huge load of scrap metal.

Don’t use poor quality materials. Use high-quality cargo nets, tarps, and ratchet straps for effective tie downs and transportation. You can get these at any local automotive shops.

How Are Scrap Metal Prices Decided?

People around the world are realising the returns scrap metal recycling gives to the seller of metal scrap. Do you have copper wires, cans, aluminium components and other similar junk at home? It’s time you approach a nearby scrap metal recycling company which has all the correct equipments to determine the correct prices of your scrap metals and sell your scrap for decent money. However, it is always good to understand how the scrap metal prices are determined.

Commodity Market Prices

The market fluctuates daily which affects the prices of commodities. Having a know-how of the commodity market updates, lets you determine how much value should you get for your scrap metal basis which metal category it falls in- iron, copper, or aluminium.

Scrap Metal Condition

If your scrap metal is corrosion free and clean, the scrap metal yard is likely to pay you more than if it is rusted, dirty or tainted. Hence, ensure you clean the scrap metal before taking it to the yard.

Competition | Scrap Metals Doha

This section points to the number of scrap metal yards present around your location. If there are more number of scrap metal yards then customers get a fairer price on their scrap metals as many dealers vie to give a good deal.


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Disclaimer:This article(s) has been prepared solely for information purposes, using publicly-accessible sources that are believed to be accurate and reliable at the time of publishing. LUCKY GROUP accepts no liability whatsoever for any loss or damage resulting from the use of information, images or opinions expressed in the report. LUCKY GROUP does not give warranty of any kind regarding the completeness, accuracy and reliability of the information included in the article(s).

Lucky Group: Quality and Ethics

Lucky Group is a huge name in the international metal industry. It is a company which is highly reputed for its work.

We basically have three companies- Lucky Recycling, Lucky Star Alloys, Lucky Alloys and Fortune Metals. We’ve earned a global recognition today. The company has been in the business since 1973. All the three companies are highly successful and are doing a great job.



Fortune Metals was established in Toronto, Canada, in 1990. This company deals with the scrap metals trading. At this moment, the business has a humongous network of buyers and suppliers around the world. The company has a staff which comprises of highly knowledgeable and expert staff. The aim of Fortune Metals is to provide their customers with excellent quality scrap metal material to the clients. Well, not only this, it is also their aim to meet the time deadlines. Also, the company has highly courteous client servicing team which works hard to meet the needs of their clients. The company obtains metals from several different countries and has a well acclaimed base of loyal suppliers who provide quality products for its customers.

Fortune Metals Inc is now regarded as the top choice in scrap metals for customers and suppliers all over the globe because of the excellent services that it provides to their clients. Apart from this, Fortune Metals Inc is a staunch believer in following all the rules and regulations laid down by the government. The company also follows strict rules for checking the quality standards of their products and uses high technology equipments to confirm the same.

In a world of growing business and competition, there are hardly any companies who follow ethical practices. However, our company is highly concerned environmentally.

So, it believes in practicing a business which propagates the well being of our planet and doesn’t hamper the same.