As a key player in South Africa’s industrial scene, Vereeniging plays an essential role in the scrap metal market. In this article, we delve into the dynamics of scrap metal prices in Vereeniging, South Africa, touching upon the key factors influencing the market rates.
Finding the Current Scrap Metal Prices in Vereeniging
Scrap metal prices in Vereeniging, akin to the global trends, are subject to regular fluctuations. These shifts in pricing are generally influenced by market trends, both local and international, the quality and type of the scrap metal, as well as supply and demand forces. To obtain the most current and accurate scrap metal prices in Vereeniging, it’s advisable to connect directly with local scrap yards or recycling centres. These establishments closely monitor market trends and adjust their prices in line with these developments.
International platforms such as the London Metal Exchange can provide a broader perspective on global scrap metal price trends. However, it’s important to understand that prices listed on such platforms may not correspond exactly to local prices in Vereeniging, due to factors like transportation costs and local supply-demand dynamics.
Scrap Copper Prices in Vereeniging
Copper, with its extensive applications across industries like construction, electronics, and electrical engineering, consistently maintains a strong market value. In Vereeniging, the price for scrap copper typically fluctuates between R70 – R100 per kilogram. However, these prices are subject to variation depending on the form and quality of the copper scrap.
Scrap Aluminium Prices in Vereeniging
Aluminium is a highly sought-after commodity due to its lightweight and anti-corrosive properties, which are particularly valued in the automotive and aerospace sectors. In Vereeniging, scrap aluminium prices generally range from R12 – R22 per kilogram.
Scrap Steel Prices in Vereeniging
Steel holds the title of the world’s most recycled material and is perennially in demand across industries like construction, manufacturing, and automotive. In Vereeniging, scrap steel prices usually vary from R1.5 – R3.5 per kilogram. Stainless steel, known for its superior durability, generally fetches higher prices.
Scrap Iron Prices in Vereeniging
Iron, given its wide range of industrial applications, maintains a strong value. The price for scrap iron in Vereeniging typically ranges from R1 – R2 per kilogram, subject to the purity and type of the iron scrap.
Scrap Brass Prices in Vereeniging
Brass, a copper and zinc alloy, is valued for its corrosion resistance and aesthetic appeal. Commonly used in fixtures, fittings, and musical instruments, the price for scrap brass in Vereeniging usually lies between R50 – R70 per kilogram. This price varies according to the quality and form of the brass scrap.
Here’s an estimation of the top 20 scrap metal types and their prices in Vereeniging. Please bear in mind that these are 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 best to contact local scrap yards or recycling facilities. They will be the most accurate source for current scrap metal prices in Vereeniging.