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Scrap Metals For Sale Understanding Scrap Metals Definition of Scrap Metals Understanding Scrap Metals Scrap metals are supplies that no longer hold value of their present form however can be reprocessed and reused to create new merchandise. These supplies are usually leftover from industrial processes, building tasks, or discarded items corresponding to appliances and automobiles. Scrap metals could be broadly categorised into two classes: ferrous and non-ferrous metals. Ferrous Metals: These include iron and are magnetic. Common examples include: Steel