We deal in all kinds of scraps, iron scrap, rail tracks, ship breaking etc. Metal recycling and scrapping is a lucrative business for many, especially in tough economic times. While it's a dirty and possibly dangerous job, high metal prices can dictate large financial returns. A scrapping business can end up making money in two major ways: Some people will pay you to haul away junk which you can then break down and sell to buyers. Find out how to start a scrap metal business to decide if it can be a wise investment of time and resources.