When sourcing scrap carbide, the primary value is determined by the Tungsten (W) and Cobalt (Co) content. Buyers should categorize materials into Tungsten Carbide (WC) inserts, drills, end mills, or sludge. High-quality scrap should be free from excessive contamination like steel shanks, brazing materials, or heavy oil. It is essential to request a spectrometer analysis (XRF test) from the supplier to verify the chemical composition, as the price fluctuates significantly based on the percentage of Tungsten.