Types of Iron Scrap: Includes cast iron, wrought iron, and ferrous scrap like old machinery, car parts, and construction waste.
Key Considerations: Check for rust, contamination, and weight. Verify the iron’s grade to determine its recyclability.
Market Insights: Iron scrap prices fluctuate based on demand in the construction and automotive industries, as well as global steel production trends.
Sorting and Preparation: Separate iron from other metals and remove non-ferrous attachments for better pricing.
Transportation: Bulk iron scrap often requires heavy-duty vehicles for transport; coordinate with the buyer for logistics.
Buyers: Look for local steel mills, foundries, and scrap yards that actively process iron scrap.