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If you’re looking to make a few extra dollars, it’s not a bad idea to clean out your basement or garage and bring any extra metal you have to a scrapyard. They give you cash upfront and inspire you to get rid of junk around the house, making it a win-win. However, the team at Metalico Rochester scrapyard in New York have realized many of their customers don’t fully understand their receipt upon completing their transaction. It’s for this reason they’ve come up with this few facts to help you understand your next scrap metal receipt.

How to Understand a Scrap Metal Receipt

1. Gross Is What You Bring In

scrap metalThe first item on your scrap metal receipt is likely a number that represents the gross weight of the material you brought in. Whether you bring in just a few pieces in a bucket or an entire truckload, it will be weighed upon your arrival. The gross is the weight of the scrap metal, including the bucket or truck you carry it in. 

2. Tare Is the Weight of the Container

After your scrap metal is weighed inside of the bucket or truck, it’s then removed, and the container is weighed on its own. This is likely the second number on your receipt, labeled the tare or weight deduction. It represents the amount they will be deducting from the gross amount to get a true weight for your metal. If you bring your scrap metal in without a container, then this section of your receipt will be blank.

3. Net Is Your Final Weight

In regards to how much money you will earn from dropping off your scrap metal, the net weight is the most important number on your receipt. This number represents the tare subtracted from the gross, leaving you with the true weight of your scrap metal. Your payment from the scrapyard will be made based on this final number.

If you’re looking for a reliable scrapyard to turn in your metal, the experts at Metalico Rochester can assist you with the process. As a trusted member of the Rochester community, they’ve been servicing the community for years while remaining focused on safety and cleanliness. For more information on their services and how you can make money off of the scrap metal found around your house, call them today at (585) 436-0713 or visit their website.

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