Find out how you can make a lot of money collecting scrap metal. The scrap metal industry in the UK enjoys £10 billion worth of turnover annually and it is surprisingly easy to get involved and start earning a piece of that. Depending on the amount of spare time you have, you can either get involved on a part time or a full time basis.
Case Study At the lower end of the scale, if you get involved in your spare time, you could earn around £30 a day. That’s £210 a week, £900 a month or £10,800 a year. See  how for yourself in this case study.
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Case Study At the higher end of the scale, if you get involved full time, you could earn much more. In this case study we look at two scrap collectors that were featured in a Channel 4 documentary.
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How Much Money Can I Make in the Scrap Metal Industry? The figures you will achieve will be based on how much time and effort you want to put in. As shown in the case studies you can earn around £30 a day in your spare time and much more if you get involved full time. A Channel 4 documentary showed the extent of the fantastic earning potential the industry offers. What Makes This Better Than a Normal Job? A key attraction to the scrap metal industry is that you do not need to pass any exams to begin. You do not need to report to anyone (or have anyone reporting to you) and you can choose to work when and how you want. In short, you are working for yourself, which is a great position to be in. It can also be a very interesting industry to be in, finding the best sources of scrap metal, trying new ideas and seeing how much money you can make from different types of metal. What Do I Need to Get Involved? Another key attraction is that you don’t need much to begin. As a minimum you would need some way of transporting your collections. If you are starting at the lower end of the scale, a bike would suffice. At the higher end of the scale you would likely find a van useful. You would also need a bit of storage space. A shed or garage could be ideal at the lower end. As you progress to the higher end it may be worth hiring a lock-up area. When Can I Start? You can literally start right away! We have a wealth of knowledge that will help you get started, in particular assisting you find out the following: How the scrap metal industry works. Where to start collecting. Which metals you can/should collect. How much the different metals are worth. You will also learn some important points on making sure you do it legally (with scrap metal values remaining high, thefts of things like cables, drains and similar items rocketed in recent years and meant that the government brought in rules to stop this behaviour). Essentially this means that you require a bit of paperwork and cannot get paid for your scrap in cash anymore. However, given the amount of money that can be earned, a bit of admin is no great issue. Start Learning Now With These topics:
The Industry Learn about the background of the scrap metal industry and how it works. There are several ideas to help you locate scrap metal for free as well as tips on transport and storage.
The Law Get details of the important administration points you need to know, in particular key points about making sure you abide by the law as well as tax considerations.
The Metals Find out about the types of scrap metals you should be collecting and most importantly, the price you can expect to receive for selling the metal on to the scrap yards.
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Scrap Metal Profit is a trading style of Admatrix Ltd, company number 08475546, VAT registration 195579545. Your use of the this website is subject to your acceptance of the terms of use and the privacy policy. You can contact Scrap Metal Profit by emailing admin@scrap-metal.org.uk and you will normally receive a reply within 48 hours.
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Scrap Metal Profit is a trading style of Admatrix Ltd, company number 08475546, VAT registration 195579545. Your use of this website is subject to your acceptance of the terms of use  and the privacy policy. You can contact Scrap Metal Profit by emailing admin@scrap-metal.org.uk and you will normally receive a reply within 48 hours.
Case Study At the lower end of the scale, if you get involved in your spare time, you could earn around £30 a day. That’s £210 a week, £900 a month or £10,800 a year. See  how for yourself in this case study.
More More
Find out how you can make a lot of money collecting scrap metal. The scrap metal industry in the UK enjoys £10 billion worth of turnover annually and it is surprisingly easy to get involved and start earning a piece of that. Depending on the amount of spare time you have, you can either get involved on a part time or a full time basis.
Case Study At the higher end of the scale, if you get involved full time, you could earn much more. In this case study we look at two scrap collectors that were featured in a Channel 4 documentary.
More More
How Much Money Can I Make in the Scrap Metal Industry? The figures you will achieve will be based on how much time and effort you want to put in. As shown in the case studies you can earn around £30 a day in your spare time and much more if you get involved full time. A Channel 4 documentary showed the extent of the fantastic earning potential the industry offers. What Makes This Better Than a Normal Job? A key attraction to the scrap metal industry is that you do not need to pass any exams to begin. You do not need to report to anyone (or have anyone reporting to you) and you can choose to work when and how you want. In short, you are working for yourself, which is a great position to be in. It can also be a very interesting industry to be in, finding the best sources of scrap metal, trying new ideas and seeing how much money you can make from different types of metal. What Do I Need to Get Involved? Another key attraction is that you don’t need much to begin. As a minimum you would need some way of transporting your collections. If you are starting at the lower end of the scale, a bike would suffice. At the higher end of the scale you would likely find a van useful. You would also need a bit of storage space. A shed or garage could be ideal at the lower end. As you progress to the higher end it may be worth hiring a lock-up area. When Can I Start? You can literally start right away! We have a wealth of knowledge that will help you get started, in particular assisting you find out the following: How the scrap metal industry works. Where to start collecting. Which metals you can/should collect. How much the different metals are worth. You will also learn some important points on making sure you do it legally (with scrap metal values remaining high, thefts of things like cables, drains and similar items rocketed in recent years and meant that the government brought in rules to stop this behaviour). Essentially this means that you require a bit of paperwork and cannot get paid for your scrap in cash anymore. However, given the amount of money that can be earned, a bit of admin is no great issue. Start Learning Now With These topics:
The Industry Learn about the background of the scrap metal industry and how it works. There are several ideas to help you locate scrap metal for free as well as tips on transport and storage.
The Law Get details of the important administration points you need to know, in particular key points about making sure you abide by the law as well as tax considerations.
The Metals Find out about the types of scrap metals you should be collecting and most importantly, the price you can expect to receive for selling the metal on to the scrap yards.
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   Scrap Metal Profit
Scrap Metal Profit