Interesting Facts About the Value of Platinum

Platinum is a precious metal that is sometimes referred to as the “Rich Man’s Gold” or “White Gold” because it is just as beautiful, but rarer than gold itself. Continue reading to learn why platinum is so valuable.

Precious Metal Recycling 1-888-586-5322

Precious Metal Recycling 1-888-586-5322

Attributes of Platinum

Platinum is a dense, malleable, and ductile metal with a silvery-white color and sheen. It is a chemical element that is assigned the symbol “Pt” with an atomic number of 78. It is considered a precious metal, making it more valuable in terms of profit. The word “platinum” is derived from the Spanish word, “Platina”, which means “little silver.” It is a heavy metal, heavier and denser than gold. One cubic foot weighs a little more than 1,330 pounds, and is about 11% denser than gold. That means that a 6 inch cube of platinum would weight about as much as you do!

Uses for Platinum

Platinum is a highly sought-after metal because it offers so many applications and uses. It is a nonreactive metal, and highly resistant to corrosion. That is why it is also considered to be a “noble metal”, which are metals that are resistant to corrosion and oxidation. Platinum won’t rust! This is why it is commonly used in the jewelry industry. For these same qualities, platinum is also commonly used to manufacture automotive parts (catalytic converters), laboratory equipment, electrical contacts and electrodes, platinum resistance thermometers, dentistry equipment, and much more.

Scarcity of Platinum

Platinum is very scarce. In fact, it is one of the rarest elements found in the Earth’s crust. This is one of the primary reasons why it is so valuable. It is simply an economic matter of supply and demand. You see, there are approximately 130 tons of platinum being produced in the world each year. Larger amounts of steel are poured in a single day in the United States than the total production of platinum in one year! Eighty percent of the world’s platinum production comes from mines in South Africa. Aside from the Earth’s crust, there are also naturally occurring deposits in various alluvial rivers around the world.

Sell Your Platinum Today!

If you have old platinum jewelry or catalytic converters, you can sell these items to a scrap metal buyer and get paid cash on the spot. Platinum is currently doing well on the scrap metal market, so take advantage of the current economy and sell your platinum commodities while their value is on the up and up.

Garden City Iron and Metal 1-888-586-5322

Garden City Iron and Metal 1-888-586-5322

Call Garden City Iron & Metal at 1-888-586-5322 to recycle platinum and other scrap metal commodities in Central and Southern Indiana. We buy sheet metal, scrap metal, vehicles, auto parts, appliances, and much more. We retain the latest technologies, including 3 state-of-the-art electronic platform scales, which allows us to provide the highest imbursements for scrap metal in Indianapolis! Call 1-888-586-5322 to request a free estimate, today!

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Do You Know What Makes Brass and Bronze Different From Each Other?

Brass and bronze metal may look similar, but there are distinctive differences between them. Learn what these differences are before recycling your metal!

Scrap Metal Recycling 1-888-586-5322

Scrap Metal Recycling 1-888-586-5322


For those looking to recycle a large amount of brass, you may want to take a closer look to ensure your brass pile is in fact, all brass. The price per pound for bronze is higher than brass, and often times, people make the mistake by assuming all “yellow metals” are brass. However, brass can have bronze in it as well, making it slightly more valuable. Continue reading to learn what the difference is between the two metals, and how to tell them apart from one another.

Brass

Brass is a non-ferrous alloy metal. “Non-ferrous” means that it does not contain any iron and lacks magnetic abilities. An “alloy” is a metal that is comprised of other metals. In the case of brass, copper and zinc are the majority metals, with most brass containing anywhere from 60 to 80% copper and 20 to 40% zinc. Zinc and copper combined makes for a stronger and more durable metal that has a yellow-ish tint.

Brass is commonly used in plumbing applications, including brass pipes and plumbing fixtures, turnings, shells, and more. However, it also have several other industry applications. For instance, brass is a common metal for making musical instruments like trumpets and trombones.

Bronze

Bronze is less common than brass. It is also a non-ferrous alloy made up of zinc and copper, so it is difficult to tell brass apart from bronze. The difference between the two alloys is simply the amount of copper content. Bronze has more copper content than brass, usually between 80 and 90 percent, which is why it is redder in color. Brass has less copper, so it is more yellow or gold in color. Bronze is also heavier and more dense than brass, so it is a common material for statutes and decorative objects. In order to tell brass from bronze, you need experience in the metal buying industry.

To determine the exact amounts of copper and zinc in a metal item, you would need some technology. There is a device called an XFR analyzer that can read metal. These are very expensive, and generally used by large scrap metal companies.

Recycle Your Brass and Bronze Metal for Instant Cash

Garden City Iron and Metal 1-888-586-5322

Garden City Iron and Metal 1-888-586-5322

Call Garden City Iron & Metal at 1-888-586-5322 to recycle scrap metal and junk metal commodities in Central and Southern Indiana. We pay cash on the spot for both ferrous and non-ferrous metals, as well as, junk cars, automotive parts, appliances, construction equipment, motorized farming equipment, and much more!

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4 Benefits of Recycling Scrap Metal

Scrap Metal Recycling 1-888-586-5322

Scrap Metal Recycling 1-888-586-5322

Millions of tons of scrap metal are used and discarded each year. From bottles and cans, to vehicles, electronics, and more, metal is a highly useful commodity that is 100% recyclable. According to the Institute of Scrap Recycling Industries (http://www.isri.org), 150 million tons of scrap metal was recycled in 2008. This rate of metal recycling has remained strong over the years, and we are still recycling millions of tons of scrap metal today!

Continue reading to learn why metal recycling is so valuable to our environment, economy, and more!

❶ Environmental Protection

Recycling scrap metal is good for the environment for many reasons. For example, the mining of new metal ore creates larger amounts of harmful greenhouse gas emissions in comparison to making new products with recycled metal. These emissions cause air pollution to rise in metropolitan areas, and can even influence climate changes overtime. According to the National Institutes of Health, making new products using recycled metal produces 97% less mining waste and uses 40% less water!

❷ Energy Conservation

Scrap metal recycling conserves energy since there is no need to drill, refine, process, and manufacture new ore. Here’s a fun fact: According to the U.S. Environmental Protection Agency (EPA), recycling just one single aluminum soda can saves enough energy to power a 60-watt light bulb for more than four hours!

❸ Natural Resource Preservation

One of our most precious natural resources on Earth is our natural ore deposits. Unfortunately, there is only a limited amount. By recycling scrap metal, we can reduce the need to mine for new, virgin ore, thus preserving our planet’s natural resources.

❹ Economic Support

The scrap metal recycling industry is not only philanthropic in terms of the environment, it also aids the local economy by providing jobs, promoting cash flow, and allowing for economic gain. According to the National Recycling Coalition, the recycling industry generates virtually $236 billion each year, and employs more than one million workers across America.

Recycle Scrap Metal in Indianapolis

Garden City Iron and Metal 1-888-586-5322

Garden City Iron and Metal 1-888-586-5322

Call Garden City Iron & Metal at 1-888-586-5322 to recycle scrap metal and junk metal commodities in Central and Southern Indiana. We pay cash on the spot for both ferrous and non-ferrous metals, including junk cars, automotive parts, appliances, construction equipment, motorized farming equipment, and more. Call 1-888-586-5322 to request a free estimate for your scrap metal, today.

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The Discerning Attributes of Ferrous and Non-Ferrous Metal

Scrap Metal Recycling 1-888-586-5322

Scrap Metal Recycling 1-888-586-5322

There are various types of metal found all around the world, but all metals can be placed into one of two categories: ferrous or non-ferrous. The most distinguishing difference between ferrous and non-ferrous metal is iron. Iron is among the most common chemical elements on the planet, and found primarily in the Earth’s crust. When metal contains iron, regardless of how little the content, it is considered a ferrous metal. In contrast, non-ferrous metals do not contain any iron content. An easy way to remember this rule is to remember that non-ferrous means non-iron.

So how do you tell the difference between a ferrous and non-ferrous metal?

The answer is a magnet! If the magnet sticks to the metal, the metal contains iron, which would make it ferrous. You see, iron is a magnetic metal, so if a magnetic sticks, it must contain a sufficient amount of iron content. In some cases, the concentration of iron is too weak to attract a magnet, so additional equipment would be necessary in determining its true composition. Look below to learn some examples of ferrous and non-ferrous metals and their common applications.

Ferrous Metals

Wrought Iron: Composition is virtually 100% iron content. Common applications include fencing and ornamental gates.

Cast Iron: This strong but brittle metal contains mostly iron, but also contains anywhere from 2 to 6% carbon. It is commonly used to make engine blocks and sewer covers.

Mild Steel: Mild steel has a mostly iron composition, but also contains between 0.1 to 0.3% of carbon. Its primary application is engineering, but also non-specialized metal products manufacturing.

Carbon Steel: Iron metal containing 0.6 to 1.4% carbon content. It is commonly used to make metal cutting tools and tool parts, like drill bits and bushings.

Stainless Steel: A popular finish for home appliances, stainless steel contains iron, nickel, and chromium. Because it is stain and corrosion-resistant, it is commonly used to make surgical instruments and cutlery.

Non-Ferrous Metals

Copper: A naturally-occurring element, copper contains no iron content. Because of its electricity and heat-transfer attributes, it is commonly used to make electrical wiring, tubing, and plumbing pipes.

Aluminum: Aluminum contains manganese, copper, and aluminum content. It is highly malleable and lightweight, so it is commonly used in the aircraft manufacturing industry, but also for kitchenware, window frames, and more.

Lead: Also a naturally-occurring element, lead is a soft, but heavy, metal. It is primarily used to make batteries, roofing materials, and pipework.

Brass: Brass is made up of mostly copper, but contains up t0 35% zinc as well. It is commonly used to make ornamental commodities and electrical fittings.

Recycle Your Scrap Metal for Cash

Garden City Iron and Metal 812-343-5073

Garden City Iron and Metal 812-343-5073

Call Garden City Iron & Metal at 1-888-586-5322 to recycle scrap metal and junk metal commodities in Central and Southern Indiana. We pay cash on the spot for both ferrous and non-ferrous metals, as well as, junk cars, automotive parts, appliances, construction equipment, motorized farming equipment, and much more! Get rid of your junk and make some fast cash at the same time.

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Garden City Iron & Metal Welcomes You to Our Brand New Website!

Your One-Stop-Shop for Scrap Metal Recycling and Cash for Junk Cars

Garden City Iron and Metal 812-343-5073

Garden City Iron and Metal 812-343-5073

Garden City Iron & Metal is an independently owned and operated, state-certified metal recycling company based out of Columbus, Indiana. We proudly serve all of Central and Southern Indiana with superior scrap metal recycling and junk car buying services, and we pay top-dollar for your metal materials. We retain the latest technologies, including 3 state-of-the-art electronic platform scales, which allows us to provide the highest imbursements for scrap metal in Indianapolis!

So what are you waiting for? Sell us your junk cars and trucks, used auto parts, and all other types of scrap metal, and walk away with real cash in your wallet! There is no faster way to get rid of junk and make a profit, all at the same time!

Count On Unparalleled Customer Service

We are dedicated to providing unparalleled customer service because our clients are the most important part of our business. For this reason, we do everything in our power to ensure our clients receive the best service and highest payouts for their scrap metal. And we started with a brand new, easy-to-use metal recycling website!

On our new website, you can learn all there is to know about recycling scrap metal with us. Every link you need is listed right at the top of every web page!  Read through our FAQS page for answers to the most common questions about metal recycling; or visit our METALS WE BUY page for instant information about the material we accept!

Instantly locate our contact information on our CONTACT US page, or learn about metal metal prices on our PRICES page. Hover the mouse over our SERVICES page to reveal a drop-down list of all the metal recycling services our company provides, and then choose from one of the listed options, including METAL RECYCLING, JUNK CAR BUYER, and USED AUTO PARTS.

Call Us Today for a Free Estimate!

Garden City Iron and Metal 812-343-5073

Garden City Iron and Metal 812-343-5073

Garden City Iron & Metal’s new website is not just informative, it is easy to navigate and find just what you’re looking for. With the exclusive metal recycling pages available on our new website, we make the scrap metal recycling process that much easier for you. But the convenience doesn’t stop there! We also offer pickup and haul away service for free, which means you only have to give us a call and we do the rest! Just dial 812-343-5073 to speak with a friendly scrap metal manager,
and request a free phone quote for your metal.

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