Selling Scrap Metals Made Many People Rich, You Could Be Next, Here's How

moonchild

VIP Contributor
Scraps metals deals with buying and selling scraps, condemned metals to make profits, if you grew up in Nigeria you 'll definitely identify with this business, either you did it yourself or you've sold to them, this business is really stereotyped, most people do look down on this business due to the way the operators carry themsleves but it's a very lucrative field according to my research.

To start making money as a scrap collector you need to have a supplier, so you'll hire some boys to source for the metal for you and you'll pay them according to the weight of the metal they bring, while you pile it up in your workshop before you resale it.

After storing a significant size of the scrap, you can then decide whether you're going to recycle it and make metal products or you're going to sell it to a recycling company, most people go with the latter because it's more easier, after contacting a recycling company around you, you'll sell your scrap and make profits, scraps are always in demand so you don't get to keep them for long.

Scrap metals are processed by recycling companies to produce other metal products like Waste bin, Car body, metal stove and other metal related products.
 
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