Latest scrap metal prices | Find out what your scrap metal is worth
As of November 2023, the latest scrap metal prices in Australia are as follows:
- Steel: $0.10 – $0.30 per kg
- Copper: $5.00 – $10.00 per kg
- Aluminium: $1.00 – $3.00 per kg
- Brass: $3.50 – $7.00 per kg
- Lead: $1.00 – $2.00 per kg
- Stainless: $1.00 – $2.00 per kg
- Zinc: $1.00 – $2.00 per kg
Please note that these prices are subject to change, and may vary depending on the location, type of metal and condition of the scrap. It is always best to contact a local scrap metal dealer for the most accurate pricing information. Minimum quantities may apply.
Factors that affect latest scrap metal prices
There are a number of factors that can affect scrap metal prices, including:
- Global demand: The global demand for scrap metal is a major driver of prices. If demand is high, prices will be higher.
- Supply and availability: The supply and availability of scrap metal can also affect prices. If there is a shortage of scrap metal, prices will be higher.
- Transportation costs: The cost of transporting scrap metal to a recycling facility can also affect prices. If transportation costs are high, prices will be lower.
- Quality of scrap metal: The quality of scrap metal can also affect prices. Scrap metal that is clean and free of contaminants will fetch a higher price than scrap metal that is dirty or contaminated.
How to get the best price for your scrap metal
If you are selling scrap metal, there are a few things you can do to get the best price:
- Check the branches: Check which branch is convenient to you at the time as pricing may differ.
- Clean your scrap metal: Make sure your scrap metal is clean and free of contaminants. This will help you get a higher price.
- Sort your scrap metal: Separate different types of scrap metal into different piles. This will make it easier for the scrap metal dealer to recycle and you will get a better price.
- Sell in larger quantities: Selling scrap metal in larger quantities will usually get you a higher price per kilogram.
- Become Loyal: Repeat suppliers always get the best prices possible.
For more information about selling your scrap metal and the latest scrap metal prices, contact our friendly team today.
Also published on Medium.
