Elements Influencing the Cost of Scrap Metal in Hervey Bay:
Metal Type:
There are several sorts of scrap metal, each having a different price per kilogram, such as brass, copper, and aluminum.
Global Demand:
The price of scrap metal in a given area can be greatly influenced by the demand for metals abroad. These demands are influenced by major economies' industrial production, construction activity, and economic trends.
Local Demand:
Industries including manufacturing, infrastructure development, and construction drive the local demand for scrap metal, which has an impact on prices.
Quantity and Quality:
The price of the scrap metal you bring in can vary depending on each of these factors. Superior quality, spotless metal typically commands a higher premium.
Market Conditions:
Scrap metal prices fluctuate in the market, just like the prices of any other commodity. Gaining the most for your scrap metal might be facilitated by being aware of these trends.
There are several sorts of scrap metal, each having a different price per kilogram, such as brass, copper, and aluminum.
Global Demand:
The price of scrap metal in a given area can be greatly influenced by the demand for metals abroad. These demands are influenced by major economies' industrial production, construction activity, and economic trends.
Local Demand:
Industries including manufacturing, infrastructure development, and construction drive the local demand for scrap metal, which has an impact on prices.
Quantity and Quality:
The price of the scrap metal you bring in can vary depending on each of these factors. Superior quality, spotless metal typically commands a higher premium.
Market Conditions:
Scrap metal prices fluctuate in the market, just like the prices of any other commodity. Gaining the most for your scrap metal might be facilitated by being aware of these trends.
| Metal | Price per Kilo |
|---|---|
| Bare Bright Copper | A$6.43 – A$7.10 |
| Copper 1 (Clean) | A$5.90 – A$6.52 |
| Copper 2 (Mixed) | A$5.40 – A$5.97 |
| Insulated Wire 1 | A$4.96 – A$5.48 |
| Insulated Wire 2 (PVC) | A$2.10 – A$2.32 |
| Aluminium Extruded | A$1.24 – A$1.37 |
| Aluminium Cast | A$0.90 – A$1.00 |
| Aluminium Domestic | A$0.90 – A$0.99 |
| Aluminium Cans | A$0.73 – A$0.81 |
| Clean Brass | A$4.02 – A$ |