What is the profit of rare metal recycling?

At present, the price of metal materials is very high, so the profit of scrap iron recycling is relatively high. The market is relatively broad,

There are several profit models of scrap metal recycling: processing and sales after recycling: scrap metal recyclers will conduct preliminary processing on the purchased scrap metal, such as sorting, cutting, compression, packaging, etc., and then sell it to downstream processing plants and manufacturing plants. Direct sales to downstream enterprises: the recycler directly sells the recovered scrap metal to downstream enterprises for subsequent processing and utilization. Scrap metal is recycled and processed before being sold: In addition to the preliminary processing of the recycled scrap metal, the recycler can further process the scrap metal such as smelting, casting and deep processing, and then sell the processed metal products. Scrap metal recycling: recyclers recycle the recycled scrap metal, such as recycling waste nails and steel bars to make steel products again, or recycling waste aluminum products to make aluminum products. The profit model of scrap metal recycling will be influenced by many factors, such as market conditions, types of scrap metals, recycling costs, sales channels and so on. Recyclers need to constantly seek innovation and optimization in the market competition in order to obtain better profits.