Sydney, Australia, boasts a robust scrap metal industry that contributes significantly to environmental sustainability, waste management, and economic stimulation, but what is a major disadvantage of environmental science? This industry processes a diverse range of scrap metals, including copper, aluminium, steel, iron, and brass. In this article, we delve into the current prices of these scrap metals in Sydney.
Scrap prices are based on the leading prices traded on the London Metal Exchange (LME), the world’s center for non-ferrous metals trading.
The price of scrap metal is determined according to what type it is and in what condition it is metal. It is difficult to provide an exact number until scrap metal is found, weighed, and classified.
What Sort of Metals Can Be Recycled?
|ALUMINIUM:||BRASS & BRONZE:|
|All Aluminium Articles||All Brass Ware|
|Castings (Machine & Engines)||Bronze Bushes & Bearings|
|Condenser Coils||Castings & Containers|
|Door & Window Extrusions||Faucets & Fittings|
|Drink Cans & Containers||Gunmetal & Manganese|
|Foil Wrap & Food Containers||Pipe & Tubing|
|Lithographic Printing Plates||Plate & Sheeting|
|Mag & Alloy Wheels||Radiators & Cooling Coils|
|Pipe & Tubing||Shells & Cartridges|
|Plate & Sheeting||Swarf & Borings|
|Pots, Pans & Household Goods||Tanks & Cisterns|
|Wire & Cable||Taps & Valves|
|Swarf & Borings etc…||Water Meters etc…|
|All Copper Products||All Ferrous Metals|
|Armoured Cable||All Non-Ferrous Metals|
|Burnt Wiring||Air Conditioners|
|Electrical & Data Cable||Catalytic Convertors|
|Electric Motors||Magnesium Alloy|
|Hot Water Systems||Metal Dross|
|Insulated Cable||Power Supplies & UPS Units|
|Pipe & Tubing||Solder Drips & Sticks|
|Plate & Sheeting||Tin & Wiping Metal|
|Radiators & Condenser Coils||White Metal & Bearing Metal|
|Stripped Wire etc…||Zinc Blocks & Sheet etc…|
|Computers & Monitors||Lead Acid Auto Batteries|
|Electronics & Motherboards||Pipe & Tubing|
|Power Boards & Switching Panels||Sheeting & Flashings|
|Printers & Photocopiers etc…||Wheel Weights etc…|
|STAINLESS STEEL:||STEEL & IRON:|
|All Stainless Items||Any Iron & Steel|
|Bench & Counter Tops||Cars, Trucks & Auto Parts|
|Cable & Wiring||Clothes Lines & Baths|
|Pipe & Tubing||Dishwashers & Drums|
|Plate & Sheeting||Fridges & Freezes|
|Sinks & Tanks||Roofing & Guttering|
|Valves & Fittings||Stairs & Handrails|
|Washroom Equipment etc…||Washing Machines etc..|
Finding the Current Scrap Metal Prices in Sydney
The prices of scrap metal are dynamic and influenced by a multitude of factors, including international market trends, local supply and demand, and the type and quality of the scrap metal. To obtain the most accurate and up-to-date scrap metal prices in Sydney, reaching out to local scrapyards or recycling centres is recommended. These centres routinely update their prices to reflect the current market trends.
For a wider perspective on scrap metal prices, you can refer to international resources like the London Metal Exchange or various commodity trading websites. However, the prices found on these platforms may not directly correspond with local Sydney prices due to varying factors such as transportation costs and regional supply-demand differences.
Scrap Copper Prices in Sydney
Due to its widespread use in various industries, such as electronics, construction, and electrical engineering, copper is a highly valued scrap metal. In Sydney, the prices for scrap copper typically range between approximately AUD 7.10 – AUD 9.90 per kilogram, depending on the type and quality of the copper scrap. Clean, unalloyed copper generally attracts the highest prices.
Scrap Aluminium Prices in Sydney
Aluminium is a desirable metal due to its lightweight and corrosion-resistant properties, making it essential in the aerospace and automotive industries. However, because of its abundance, it is less valuable than copper. Generally, scrap aluminium prices in Sydney range between AUD 0.70 – AUD 1.05 per kilogram.
Scrap Steel Prices in Sydney
Steel, being the most recycled metal globally, is consistently in high demand across sectors such as construction, manufacturing, and the automotive industry. Scrap steel prices in Sydney generally fall between AUD 0.13 – AUD 0.25 per kilogram. The exact price can vary significantly based on the type and quality of the steel scrap, with stainless steel often fetching higher prices.
Scrap Iron Prices in Sydney
Iron is a commonly found scrap metal due to its extensive use across various industrial applications. The price for scrap iron in Sydney typically ranges from AUD 0.12 – AUD 0.21 per kilogram. Factors such as the type of iron scrap (cast iron, wrought iron, etc.) and its contamination level can influence these prices.
Scrap Brass Prices in Sydney
Brass, an alloy of copper and zinc, is highly valued for its aesthetic appeal and resistance to corrosion. It is widely used in fixtures, fittings, and musical instruments. Scrap brass prices in Sydney typically range between AUD 4.35 – AUD 5.30 per kilogram, dependent on the quality, quantity, and form of the brass scrap.
Top 20 Scrap Metal Types and Estimated Prices in Sydney
|Scrap Metal Type||Estimated Price Per Kilogram (AUD)|
|Copper – #1||9.90|
|Copper – #2||8.80|
|Aluminium – Extruded||1.05|
|Aluminium – Mixed||0.70|
|Stainless Steel – 304||1.50|
|Stainless Steel – 316||2.20|
|Steel – Heavy Melt||0.25|
|Steel – Light Iron||0.13|
|Brass – Yellow||5.30|
|Brass – Red||4.90|
|Iron – Cast||0.21|
|Iron – Wrought||0.18|
|Lead – Soft||2.25|
|Lead – Wheel Weights||0.95|
|Zinc – Old||0.90|
|Zinc – New||1.15|
|Nickel – 304||9.00|
|Nickel – 316||10.80|
Please note that these are estimated prices, and the actual prices may vary depending on the prevailing market conditions and the quality of the scrap metal.
In summary, keeping up with the current scrap metal prices in Sydney and understanding the various factors that influence these prices is vital for those involved in the scrap metal recycling industry. Regular interactions with local scrapyards and monitoring global market trends can assist businesses and individuals in maximising their benefits from this lucrative industry.