Recycling scrap metal is an easy way to turn some old metal furniture, building supplies and other metallic items into cash. But not all metal is alike or worth the same amount. The simple test is to see if a magnet sticks to your metal recyclable. If it does, it’s ferrous metal, which is likely steel or iron. Ferrous metal is less valuable, but still very much recyclable. If the magnet does not stick, there is a good chance it’s a much more valuable material like copper, brass, bronze or stainless steel.