| Metal | Price per Kilo |
|---|---|
| Bare Bright Copper | A$6.76 – A$7.47 |
| Copper 1 (Clean) | A$6.20 – A$6.86 |
| Copper 2 (Mixed) | A$5.69 – A$6.28 |
| Insulated Wire 1 | A$5.22 – A$5.77 |
| Insulated Wire 2 (PVC) | A$2.21 – A$2.44 |
| Aluminium Extruded | A$1.30 – A$1.44 |
| Aluminium Cast | A$0.95 – A$1.05 |
| Aluminium Domestic | A$0.94 – A$1.04 |
| Aluminium Cans | A$0.77 – A$0.85 |
| Clean Brass | A$4.23 – A$4.67 |
Metal Scrap Prices In Brisbane
Factors Influencing the Cost of Metal Scrap
Prices for metal scrap vary according to a number of market and economic conditions.
Supply and Demand:
While an excess of supply can result in lower pricing, an increase in demand from sectors like manufacturing and steelmaking can raise costs.
Global Economic Conditions:
When there is a decline in industrial activity, there is a corresponding drop in demand and price for scrap metal. On the other hand, economic expansion may raise demand and raise costs.
Prices for commodities:
The value of scrap metal may also increase if the prices of these goods rise.
Technological developments:
Better recycling methods can boost scrap metal recovery efficiency, which may have an impact on supply and demand dynamics.
Government Policies:
The scrap metal market may be impacted by laws and policies from the government, such as export prohibitions, tariffs, and environmental guidelines.