Scrap metal is a significant component of Newcastle’s vibrant industrial landscape, with prices constantly changing due to various factors. This article aims to provide a detailed guide to scrap metal prices in Newcastle, South Africa.
Finding the Current Scrap Metal Prices in Newcastle
The most accurate way to find current scrap metal prices in Newcastle is to reach out to local scrap yards and recycling centres. These facilities continually track the market trends, adjusting their prices to reflect changes in the global and local market conditions, quality of the scrap metal, and fluctuations in supply and demand.
International platforms such as the London Metal Exchange can provide insight into global scrap metal price trends, though these prices may not be an exact representation of local Newcastle prices due to transport costs, local supply-demand dynamics, and other regional factors.
Scrap Copper Prices in Newcastle
Copper, renowned for its conductivity, durability, and corrosion resistance, remains one of the most sought-after scrap metals. In Newcastle, scrap copper prices usually fluctuate between R70 – R100 per kilogram, depending on the quality and form of the copper scrap.
Scrap Aluminium Prices in Newcastle
Due to its lightweight and non-corrosive nature, aluminium finds widespread use in industries such as transportation, construction, and packaging. The price for scrap aluminium in Newcastle typically ranges from R12 – R22 per kilogram, with prices subject to quality and type of aluminium scrap.
Scrap Steel Prices in Newcastle
As the most recycled material globally, steel consistently maintains a strong demand across numerous industries, including construction, automotive, and manufacturing. The prices for scrap steel in Newcastle generally range between R1.5 – R3.5 per kilogram. It’s worth noting that stainless steel, due to its superior durability and rust resistance, usually fetches higher prices.
Scrap Iron Prices in Newcastle
Iron, another prominent player in the scrap metal market, holds strong value owing to its widespread industrial applications. Scrap iron prices in Newcastle are generally between R1 – R2 per kilogram, varying according to the type and quality of the iron scrap.
Scrap Brass Prices in Newcastle
Brass, an alloy of copper and zinc, is valued for its resistance to corrosion and aesthetic appeal. The price for scrap brass in Newcastle usually lies between R50 – R70 per kilogram, depending on the quality and form of the brass scrap.
Here’s an estimation of the top 20 scrap metal types and their prices in Newcastle:
|Scrap Metal Type||Estimated Price Range (Rands per kilogram)|
|1. Copper #1||R80 – R100|
|2. Copper #2||R70 – R90|
|3. Copper Wire||R60 – R80|
|4. Brass||R50 – R70|
|5. Aluminium Cans||R5 – R7|
|6. Aluminium Sheets||R15 – R20|
|7. Aluminium Siding||R12 – R18|
|8. Stainless Steel||R16 – R22|
|9. Iron||R1 – R2|
|10. Cast Iron||R2 – R3|
|11. Lead||R17 – R22|
|12. Zinc||R11 – R16|
|13. Bronze||R50 – R60|
|14. Tin||R8 – R12|
|15. Steel #1||R2.5 – R3.5|
|16. Steel #2||R1.5 – R2.5|
|17. Car Batteries||R12 – R22|
|18. Radiators||R12 – R18|
|19. Insulated Copper Wire||R28 – R48|
|20. E-Waste (Electronics)||R6 – R16|
It’s important to note that these prices are estimations, and the actual prices may differ. Always reach out to local scrap yards or recycling facilities for the most accurate and current scrap metal prices in Newcastle.