Soshanguve, located in the northern part of Gauteng province, contributes significantly to the scrap metal market in South Africa. This article will provide detailed insights into the current scrap metal prices in Soshanguve and the key factors affecting these rates.
Finding the Current Scrap Metal Prices in Soshanguve
Scrap metal prices in Soshanguve, as in the rest of the world, are subject to regular changes. These prices are influenced by global and local market trends, the quality and type of the scrap metal, and supply and demand dynamics. To get the most current and accurate scrap metal prices in Soshanguve, the best course of action is to reach out to local scrap yards or recycling centres. These establishments keep a keen eye on the market trends and adjust their prices accordingly.
Internationally, the London Metal Exchange can be a valuable resource to follow the global trends of scrap metal prices. However, remember that the prices listed on such platforms may not correspond directly to local prices in Soshanguve due to factors like transportation costs and local supply and demand.
Scrap Copper Prices in Soshanguve
The robust demand for copper, due to its extensive use in industries such as electrical engineering, construction, and electronics, has ensured its steady market value. In Soshanguve, the price for scrap copper typically lies between R70 – R100 per kilogram. However, these prices can vary depending on the form and quality of the copper scrap.
Scrap Aluminium Prices in Soshanguve
Aluminium, thanks to its lightweight and anti-corrosive properties, is a precious commodity in the automotive and aerospace sectors. In Soshanguve, scrap aluminium prices generally range from R12 – R22 per kilogram.
Scrap Steel Prices in Soshanguve
As the world’s most recycled material, steel is perpetually in demand in industries such as construction, manufacturing, and automotive. In Soshanguve, scrap steel prices usually vary from R1.5 – R3.5 per kilogram, with stainless steel fetching higher prices due to its superior durability.
Scrap Iron Prices in Soshanguve
Iron’s wide range of industrial applications ensures its high value. The price for scrap iron in Soshanguve typically ranges from R1 – R2 per kilogram, subject to the purity and type of the iron scrap.
Scrap Brass Prices in Soshanguve
Brass, an alloy of copper and zinc, is appreciated for its resistance to corrosion and aesthetic appeal. It is commonly used in fixtures, fittings, and musical instruments. The price for scrap brass in Soshanguve usually falls between R50 – R70 per kilogram, varying according to the quality and form of the brass scrap.
Below is an estimation of the top 20 scrap metal types and their prices in Soshanguve. Please note these are only approximations, and actual prices may differ:
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 |
For the most precise and current pricing, it’s always a good idea to contact local scrap yards or recycling facilities. These establishments are the best source of current scrap metal prices in Soshanguve.
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