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Can Collection
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siwel123
Posts: 1 Newbie
Hi, with times being hard i was wondering whether collecting and then selling cans to a scrap metal yard would produce some income.
My idea would be to not only collect my own cans but set up a mini business where i would go around my friendly neighborhood one day a week and collect all there cans and food tins and take them to the yard. Also i work in a college so i was thinking of asking the boss whether we could set up some bins just for cans and then i would empty them and take them for my own profit.
Do you think this is a good idea/worth the time?
My idea would be to not only collect my own cans but set up a mini business where i would go around my friendly neighborhood one day a week and collect all there cans and food tins and take them to the yard. Also i work in a college so i was thinking of asking the boss whether we could set up some bins just for cans and then i would empty them and take them for my own profit.
Do you think this is a good idea/worth the time?
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Comments
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An empty steel soup can weighs about 50g. So you need 20,000 cans to make a tonne. Steel scrap is valued at about £100/tonne.
Aluminium is worth about 10 times as much per tonne, but is less dense so cans will weigh less, but either way, just work out how long it would take you to collect 20,000 cans. You'd use more shoe leather up than you'd gain in value if you went round picking up cans from your neighbours!0 -
several other posters have tried this, i think the last one used to post on the debt free board, i think they both gave up in the end.
we used to save them for tesco points a few years ago (tesco stopped it in the end)
you have to have somewhere to store them and if they are indoors make sure they are clean or they smell0 -
If you are collecting your own cans in the mix, you would save far more than you make by just giving up buying drinks in cans.0
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A bit pointless really.
Anything a council collects goes down in value because of the recycling.
When I was in my twenties, i used to make money from selling newspaper and cardboard to be recycled. Soon as it was was collected via councils it was worthless to make money on.
Trouble is steel cans have a low value in money terms for the effort taken.
Even the fridges and freezers that are dumped in roads are not taken for scrap nowadays by the local traveling communities. They just cut out the compressor which seems to them to have more value than the whole item.The more I live, the more I learn.
The more I learn, the more I grow.
The more I grow, the more I see.
The more I see, the more I know.
The more I know, the more I see,
How little I know.!!
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