Which Scrap Metal Is Worth the Most? Guide to Scrap Metal Values

Are you curious about which scrap metals can help you earn some extra cash? Whether you enjoy DIY projects, work as a contractor, or are simply cleaning out your garage, knowing the current scrap metal values can significantly boost your earnings.
Let’s dive into the most valuable scrap metals in Australia and their recent market prices.
Copper
When it comes to scrap metal value, copper is at the top of the list in Australia. This highly versatile metal is commonly found in household items like electrical wiring, plumbing fixtures, and various appliances.
Here’s a look at the current copper prices:
- General copper: 6.00 – 11.20 per kilogram
- Premium mill berry copper: 10.50 – 11.20 per kilogram
The reason copper has such a high value is its widespread use in industry and its excellent conductivity, making it essential for electrical applications.
Brass
Next on the list is brass, which can earn you between 3.50 and 7.10 per kilogram. You can find brass in items such as:
- Plumbing fittings
- Door handles
- Decorative pieces
- Musical instruments
Aluminium
Aluminium is a lightweight metal that ranges in price from 0.70 to 3.00 per kilogram. The price can be higher for extruded aluminium.
Look for it in:
- Window frames
- Gutters
- Outdoor furniture
- Beverage cans
Lead
Despite some environmental concerns, lead continues to hold value in the scrap market, priced at 1.00 to 2.10 per kilogram. Common sources of lead include:
- Old batteries
- Roofing materials
- Industrial equipment
Stainless Steel
Stainless steel is another frequently found metal with a value ranging from 0.70 to 2.20 per kilogram, depending on its grade and quality. You can spot it in:
- Kitchen Appliances
- Cookware
- Industrial machinery
- Building materials
Making the Most of Your Scrap Metal
To maximise your earnings from scrap metal recycling, keep these tips in mind:
- Separate the metals
Before you head to the scrap yard, make sure to separate different types of metals. This can affect the price you get per kilogram. - Clean your scrap
Whenever possible, remove any non-metal parts and clean your metals. This can help you achieve a better price. - Focus on high-value metals
Prioritise collecting valuable metals like copper and brass, as they yield the highest returns. - Remove non-metal components
Take out any plastics or rubbers that are attached to your scrap. Scrap yards typically don’t pay for non-metal parts. - Keep an eye on market prices
Scrap metal prices can change frequently based on supply and demand, so it’s a good idea to stay informed by checking local market prices before you sell.
It’s important to note that scrap metal prices fluctuate due to various factors, including market conditions and the location of your scrap yard, so it’s a good idea to connect with local metal recyclers Perth with Dream Lucky Scrap Metal for the latest pricing info. Always check in with them for any specific requirements they might have for accepting your scrap.
Note: Prices mentioned are current as of 2024 and may vary by location and market conditions.
Now that you’re armed with this knowledge, you can start collecting your scrap metal with confidence, knowing which metals are worth the most. Happy recycling!
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