Our site provides you with the latest scrap metal and copper prices per pound in Geelong for a range of different types of valuable materials, including various forms of; copper, steel, aluminium, iron, brass, lead and for other forms of recyclable scrap such as junk cars, car batteries, aluminium cans and copper wire too.
Geelong, a city southwest of Melbourne, Australia, is known for its vibrant scrap metal recycling industry. Multiple sectors including construction, manufacturing, and automotive, contribute to the city’s demand for scrap metal. This article provides a comprehensive guide to the current scrap metal prices in Geelong, focusing on copper, aluminium, steel, iron, and brass.
Finding the Current Scrap Metal Prices in Geelong
Scrap metal prices are subject to frequent fluctuations due to various factors, including global market trends, local demand, and the type and quality of the scrap metal. The best way to find the most current scrap metal prices in Geelong is to contact local scrapyards or recycling centres. These businesses typically have the most up-to-date information as they monitor market changes closely.
Besides, online platforms, such as the London Metal Exchange or commodity trading websites, can be used to track international scrap metal prices, providing a broader perspective on market trends. However, these prices may not precisely reflect the local prices in Geelong due to factors like transportation costs and local supply-demand conditions.
Scrap Copper Prices in Geelong
Copper, one of the most valuable scrap metals, is in high demand due to its extensive use in a wide array of industries, including construction, electronics, and power generation. The price of scrap copper in Geelong usually varies between approximately AUD 6.50 – AUD 9.50 per kilogram, depending on the purity and type of copper scrap. Clean, unalloyed copper typically fetches the highest prices.
Scrap Aluminium Prices in Geelong
Aluminium is prized for its light weight, corrosion resistance, and high conductivity, making it a popular choice in the automotive and aerospace industries. The price of scrap aluminium in Geelong tends to be lower than copper due to its abundant supply, ranging from AUD 0.70 – AUD 1.00 per kilogram. Special types of aluminium scrap, such as extruded aluminium, can command higher prices.
Scrap Steel Prices in Geelong
Steel, as the most recycled metal globally, maintains a consistent demand due to its wide application in industries such as construction and transportation. The price of scrap steel in Geelong generally ranges between AUD 0.12 – AUD 0.24 per kilogram. The price can vary significantly based on the type and quality of the steel scrap, with stainless steel usually fetching higher prices.
Scrap Iron Prices in Geelong
Iron is a fundamental component of many industrial processes, and its scrap is usually aligned with the prices of steel scrap. The average price for scrap iron in Geelong hovers between AUD 0.10 – AUD 0.20 per kilogram. Prices can fluctuate based on the form of the iron scrap (cast, wrought, etc.) and its contamination levels.
Scrap Brass Prices in Geelong
Brass, an alloy of copper and zinc, has a broad application range, including fixtures, fittings, and musical instruments. Its scrap maintains high demand in Geelong, with prices generally ranging between AUD 4.10 – AUD 5.30 per kilogram. The exact price can vary based on the quality, form, and quantity of the brass scrap, with clean, uncontaminated brass usually commanding higher prices.
Top 20 Scrap Metal Types and Estimated Prices in Geelong
| Scrap Metal Type | Estimated Price Per Kilogram (AUD) |
|---|---|
| Copper – #1 | 9.50 |
| Copper – #2 | 8.60 |
| Copper Wire | 8.10 |
| Aluminium – Extruded | 1.00 |
| Aluminium – Mixed | 0.70 |
| Stainless Steel – 304 | 1.40 |
| Stainless Steel – 316 | 2.10 |
| Steel – Heavy Melt | 0.24 |
| Steel – Light Iron | 0.12 |
| Brass – Yellow | 5.30 |
| Brass – Red | 4.90 |
| Iron – Cast | 0.20 |
| Iron – Wrought | 0.15 |
| Lead – Soft | 2.10 |
| Lead – Wheel Weights | 0.95 |
| Zinc – Old | 0.85 |
| Zinc – New | 1.10 |
| Nickel – 304 | 8.80 |
| Nickel – 316 | 10.50 |
| Car Batteries | 0.55 |
Please note, these are estimated prices and may vary depending on current market conditions and the quality of the scrap metal.
In conclusion, staying updated with scrap metal prices in Geelong and understanding the factors influencing these prices can lead to more informed decisions when selling or buying scrap metals. By doing so, businesses and individuals can maximise their profit from scrap metal recycling and contribute to a more sustainable environment.
Hello,
I have 235 kgs of gym equipment (weight plates, barbells and dumbells) and are wondering what their per kg rate is and ultimately their scrap metal value. Could you please let me know.
Many thanks,
Rob C.