Current Copper Scrap Metal Prices in UK 2024

Copper Scrap metal prices in UK

The scrap metal industry is a vital part of the UK’s economy, contributing billions of pounds each year. One of the most traded commodities in this sector is copper, a versatile metal with a wide range of uses. In this blog, we will delve into the current prices of various types of copper scrap metal in the UK as of May, 2024.

Overview of Copper Scrap Metal Prices

As of May 2024 today current Copper scrap metal price in UK is starting for £ 6070 per tonne of scrap copper in England.

 

MaterialAverage Price (£/Tonne)High Price (£/Tonne)Low Price (£/Tonne)Price Date
#1 Copper Wire Scrap6,0706,0706,0702024-04-12
#2 Copper Wire Scrap5,7505,7505,7502024-04-11
Braziery Copper Scrap5,0205,0205,0202024-04-10
Bright Rope Wire Scrap6,0706,0706,0702024-04-09
Copper Dry Bright Scrap6,4106,4106,4102024-04-08
Electric Motors Scrap6406406402024-04-07
Greasy Bright Copper Wire Scrap6,0206,0206,0202024-04-06
Heavy Copper 98% Scrap5,9705,9705,9702024-04-05

These prices fluctuate based on factors such as demand and supply, the quality of the scrap, and the cost of extraction.

The Importance of Recycling Copper

Recycling copper is not only profitable but also environmentally friendly. It reduces the need for copper mining, which can have detrimental effects on the environment. Moreover, copper is 100% recyclable, meaning it can be recycled without any loss of quality.

 

Conclusion

The prices of copper scrap metal in the UK remain robust, reflecting the ongoing demand for this versatile material. Whether you’re a scrap dealer, a tradesperson, or a DIY enthusiast, keeping an eye on these prices can help you make informed decisions about buying or selling copper scrap.

Remember, these prices are subject to change based on market conditions. Therefore, it’s always a good idea to stay updated with the latest prices and trends in the scrap metal industry. Whether you’re a scrap dealer, a tradesperson, or a DIY enthusiast, keeping an eye on these prices can help you make informed decisions about buying or selling copper scrap.

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