The Differences Between Surplus Steel and Scrap Metal

While the terms surplus steel and scrap metal both refer to reusable steel, the two are not interchangeable. There are quite a few differences between surplus steel and scrap metal, and knowing these differences could help you find the right material for your projects and maybe make more money than you expected when selling your excess.

So, what are the differences? Let’s take a look.

The Origins

Surplus steel is usually left over after a project due to a change order or as extra from a large order that wasn’t used. While the quantity left over could be large and require large trucks for transportation, you may also have surplus steel that could be transported in a pickup truck.

Scrap metal, on the other hand, has been in use for some time. Scrap metal may be gathered from demolition sites or junk yards in the form of old appliances, car parts, leftover pieces from manufacturing, or chunks left after a building or bridge is destroyed.

The Condition

Scrap metal is often old and nearing the end of its useful life, meaning there are only a few possible uses available, such as art material or interior and exterior decor. For the most part, however, scrap metal is best for recycling so that it can be used again at its full strength.

Surplus steel, however, is still unused. The degree of imperfection varies, especially if it has been exposed to the elements during construction or while being stored for later use. Some may have rust and pitting, while other surplus steel could look brand new and come with MTRs. Most importantly, it’s usually still as strong and durable as the day it was made.

The Value

One quick look at the current prices for scrap metal and surplus steel and you’ll see that the two are valued very differently. The reasons, of course, have been outlined above. Surplus steel still has a lot of life left—it’s just at the beginning of its usefulness. Scrap metal, however, might be great for sculpting or decorating. Even better, it can gain new life through recycling.

Understanding the differences between the two can help you get top dollar when you need to sell your surplus steel. Rather than take your steel to a scrap metal buyer, take it to a surplus steel distributor instead.

If you have surplus steel to sell, reach out to Texas Iron & Metal. We have more than eight decades of experience purchasing and selling surplus steel. We’ll make sure you get the right price for your surplus—and we’ll be here the next time you need to purchase surplus steel for a project.