Our site provides you with the latest scrap metal and copper prices per pound in Wollongong 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.
The scrap metal industry in Wollongong, Australia, plays a significant role in resource conservation and environmental sustainability, dealing with various metals including copper, aluminium, steel, iron, and brass. This article aims to give an in-depth insight into the current scrap metal prices in Wollongong.
Finding the Current Scrap Metal Prices in Wollongong
Scrap metal prices can fluctuate based on several factors such as global market trends, local demand, and the quality and type of scrap metal. To find the current scrap metal prices in Wollongong, it’s best to directly contact local scrapyards or recycling centres. These businesses often update their prices based on the market dynamics.
You can also track global scrap metal prices on online platforms such as the London Metal Exchange and various commodity trading websites. However, these prices may not directly mirror local prices in Wollongong due to other factors such as transportation costs and local supply-demand conditions.
Scrap Copper Prices in Wollongong
Copper is a highly valuable scrap metal due to its extensive use in sectors such as construction, electronics, and electrical engineering. The price for scrap copper in Wollongong typically ranges between approximately AUD 7.00 – AUD 9.80 per kilogram, depending on the quality and type of copper scrap. Clean and unalloyed copper generally garners higher prices.
Scrap Aluminium Prices in Wollongong
Aluminium, noted for its lightweight and corrosion-resistant properties, is widely used in the automotive and aerospace sectors. However, scrap aluminium prices in Wollongong are generally lower than for copper due to a larger supply, ranging usually between AUD 0.70 – AUD 1.00 per kilogram.
Scrap Steel Prices in Wollongong
As the most recycled metal globally, steel has consistent demand from sectors such as construction, automotive, and manufacturing. Scrap steel prices in Wollongong typically range between AUD 0.12 – AUD 0.24 per kilogram. The price can significantly vary depending on the type and quality of the steel scrap, with stainless steel often fetching higher prices.
Scrap Iron Prices in Wollongong
Iron, a significant component in various industrial applications, has its scrap common in the market. The average scrap iron prices in Wollongong range between AUD 0.11 – AUD 0.20 per kilogram. The type of scrap iron (cast iron, wrought iron, etc.) and its contamination level can influence these prices.
Scrap Brass Prices in Wollongong
Brass, an alloy of copper and zinc, is extensively used in fixtures, fittings, and musical instruments. Its aesthetic appeal and corrosion resistance make it a popular choice in the construction and home renovation sectors. The rate for scrap brass in Wollongong generally ranges between AUD 4.30 – AUD 5.20 per kilogram, depending on the quality, quantity, and form of the brass scrap.
Top 20 Scrap Metal Types and Estimated Prices in Wollongong
|Scrap Metal Type||Estimated Price Per Kilogram (AUD)|
|Copper – #1||9.80|
|Copper – #2||8.70|
|Aluminium – Extruded||1.00|
|Aluminium – Mixed||0.70|
|Stainless Steel – 304||1.45|
|Stainless Steel – 316||2.15|
|Steel – Heavy Melt||0.24|
|Steel – Light Iron||0.12|
|Brass – Yellow||5.20|
|Brass – Red||4.80|
|Iron – Cast||0.20|
|Iron – Wrought||0.17|
|Lead – Soft||2.20|
|Lead – Wheel Weights||0.90|
|Zinc – Old||0.85|
|Zinc – New||1.10|
|Nickel – 304||8.90|
|Nickel – 316||10.70|
Remember, these prices are only estimates and can change based on the prevailing market conditions and the quality of the scrap metal.
In conclusion, understanding the current scrap metal prices in Wollongong and the variables influencing these prices is crucial for maximising benefits from the scrap metal recycling industry. Regular engagement with local scrapyards and constant monitoring of global market trends can equip businesses and individuals to thrive in this lucrative industry.