![]() That being said as recent as August / September 2017 we saw a spike on the LME prices for steel, so we would suggest keeping an eye out on the markets to get the best scrap metal prices. The Turkish TSI index is a key benchmark of global trade and although in recent years there have been increases it’s not where it was back in 2007-2008. Exports of cheaper Chinese steel have historically been blamed for pushing down the UK scrap prices. Scrap metal prices in the UK are affected by many external markets. We would always recommend calling your local scrap yard for the daily prices. The London Metal Exchange (LME) gives an indication of metal prices in dollars for the day as well as histrical data. Metals must be clean of any foreign contamination to reach the highest level grading (getting the best scrap metal price). Grade 2 copper is generally 99% pure, while Grade 1 copper is 100% pure. Grade 2: Metals are generally made from alloy with the primary metal being the metal you want to scrap. There should be no corrosion associated with the scrap metal and it should be of a certain size and diameter. Grade 1: The metal has no associated alloys within the material. Metals have different classifications that make it a higher or lower grade, we’ve provided some extra information below about the different grades. Scrap metal prices are affected by the grade of the metal. ![]() ![]() Scrap metal grading and its effect on prices The scrap metal price increases if a manufacturer requires more of a certain commodity. Scrap metal prices are based on manufacturer needs and accessibility to stock. The price of scrap metal changes on a daily basis. How can you get the best scrap metal prices? If you are working with weights below tonnes give H&S Metals a call to get price estimates per kg for your scrap metal. How to work out Scrap metal prices per kg?Ī simple conversion will help you work out the price of scrap metal per kg.Īs an example with the scrap metal price table above the scrap copper price per kg will be £3 – £4.50. If you have any questions or want to get the latest prices give us a call on 02392 755900. The above prices are based on estimates per tonne. *Scrap metal prices change on a daily basis. Cast iron baths, machinery, iron pipe, engine blocks, white goods
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