Darwin's scrap metal industry offers chances for both buyers and dealers. It is essential to comprehend the nuances of this market in order to maximize profits and make wise selections.
Factors Affecting the Cost of Scrap Metal
The following variables affect Darwin's scrap metal prices:
Trends in the World Market:Darwin's scrap metal prices are impacted by variations in supply and demand around the world.
Local Demand: Darwin's construction and industrial activities fuel the region's need for scrap metal, which in turn affects prices.
Type of Metal: Prices for many metals, including steel, copper, and aluminum, vary according to supply and demand.
| Metal | Price per Kilo |
|---|---|
| Bare Bright Copper | A$6.83 – A$7.55 |
| Copper 1 (Clean) | A$6.26 – A$6.92 |
| Copper 2 (Mixed) | A$5.74 – A$6.35 |
| Insulated Wire 1 | A$5.27 – A$5.83 |
| Insulated Wire 2 (PVC) | A$2.23 – A$2.47 |
| Aluminium Extruded | A$1.31 – A$1.45 |
| Aluminium Cast | A$0.96 – A$1.06 |
| Aluminium Domestic | A$0.95 – A$1.05 |
| Aluminium Cans | A$0.78 – A$0.86 |
| Clean Brass | A$4.27 – A$4.72 |