Current Scrap Metal Prices in the UK | Today UK Scrap Metal Price

Scrap metal prices in UK

Introduction of Scrap metal prices in UK:

Scrap metal prices in the UK have been on the rise in recent months. Increased demand from China and India due to  shortage of raw materials such as iron and copper.
According to industry sources, the current average price for scrap metal in the UK is around £120 per ton for steel and £3500 per ton for copper. These prices are significantly higher than they were a year ago. When the average price for steel was around £80 per ton and copper was around £2700 per ton.

Whether you’re in London, Birmingham, Manchester, Leeds, Glasgow, Sheffield, Liverpool, Bristol, Edinburgh, or any other city in the UK. Our detailed data ensures you’re well-informed. From copper to aluminium, brass, stainless steel, iron, lead, scrap cars, and copper pipes, we provide a breakdown of prices to assist metal dealers in making informed decisions.

Current Scrap Metal Prices in the UK:

To empower dealers and recyclers, we present Current today scrap metal prices in the UK. The information is tailored to specific scrap metal and covers key cities like London, Birmingham, Manchester, Leeds, Glasgow, Sheffield, Liverpool, Bristol, and Edinburgh.

Metal TypePrice per Kilo
Bare Bright Copper£4.02 – £4.45
Copper 1£3.65 – £4.03
Copper 2£3.47 – £3.84
Copper Tanks£3.41 – £3.77
Braziery Copper£2.95 – £3.26
Insulated Wire 1£1.63 – £1.80
Insulated Wire 2£1.23 – £1.36
Aluminium Extruded£0.84 – £0.92
Aluminium Cast£0.50 – £0.55
Aluminium Turnings£0.21 – £0.23
Clean Brass£2.39 – £2.64
Mixed Brass£2.00 – £2.21
Stainless Steel 3/6£0.84 – £0.92
Stainless Steel 18/8£0.61 – £0.67
Lead£1.02 – £1.12
PB Battery£0.43 – £0.47
Electric Motors£0.26 – £0.29
White Goods£0.14 – £0.15

Impact and Concerns:

While the surge in scrap metal prices has brought increased profits to dealers and recyclers, it has raised concerns among manufacturers and businesses reliant on scrap metal. They now face higher costs and disruptions in the supply chain.

The UK government has responded by implementing measures to combat metal theft, including stricter identity verification requirements for scrap metal sellers and increased penalties for theft.

Future Trends and Expectations of Scrap Metal in UK:

Industry experts predict that scrap metal prices will remain robust in the coming months. Factors such as strong demand from China and India, ongoing supply chain disruptions, and raw material shortages are expected to sustain this trend. Despite concerns, the global economic recovery from the COVID-19 pandemic is likely to keep demand for raw materials high.

Navigating the Market of Scrap Metal prices in UK:

Understanding the dynamic nature of scrap metal prices. We emphasize the importance of staying informed about market trends. For businesses and individuals alike, regular checks on our platform for the latest scrap metal prices can guide decisions regarding buying or selling.

Conclusion:

In conclusion, the current scrap metal prices in the UK reflect a complex interplay of global economic factors and supply chain disruptions. As the situation continues businesses and individuals are encouraged to stay vigilant, seek expert advice, and leverage our platform for real-time information on scrap metal prices. With the market showing volatility, staying informed is key to making sound decisions in the world of scrap metal.

Join The Discussion

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Compare listings

Compare