![]() ![]() If you manage to get your hands on any clean aluminium, make sure that you retain this as it is substantially more valuable than anything which is mixed. Some examples of “clean” aluminium include wire, beams or sheets. Scrap aluminium prices, in much the same way as the copper prices described in the previous section, are much higher for the clean variants. Consequently, unless there is suddenly a huge spike in demand for the metal, or a lull in the supply, scrap aluminium prices are likely to remain as they are today. ![]() Over the past 15 years, the price of aluminium has remained relatively stable when taking in to account inflation. Unfortunately, the abundance of aluminium has pushed its price right down throughout almost all parts of the UK and this is unlikely to change at any point soon. While aluminium is a very commonly used metal in almost all industries, there is no shortage of supply from within the country and via major shipping lanes from Europe and the rest of the world. This is equivalent to £500 to £2000 per tonne of scrap aluminium. Aluminium prices, for most scrap yards in the UK, tend to vary between £0.50 per kilo and £2. Scrap aluminium is relatively cheap compared to some of the other types of scrap metal. Check out our price averages to know for certain that you're getting a good deal! We've seen scrap metal traders in the UK miss out on £10,000s+ due to not considering this. Each way, you'll want to shop around and call a wide variety of dealers. Some might also be applying their own competitive pressure on other local dealers. Every scrap metal dealer applies their own judgement as to where they believe scrap metal prices in the UK, and globally, will head.The more your scrap metal matches their specialisation, the higher the price you will get for your scrap metal in the UK! One dealer might concentrate on aluminium as they have buyers in Europe with a specific need, whilst another might only purchase aluminium cans. Different scrap metal dealers focus on different scrap metal materials.Treatment facilities include sorting, crushing, cutting, shearing and baling.This means reduced travel of scrap metal, which drives down costs and increases prices. Some cities have a higher proportion of dealers with treatment facilities in-house.Treatment Facilities for the Scrap Metals This is a great way to understand the specific changes in scrap metal prices in the UK and globallyĬ. The LME is the international hub for industrial metal trading and you can check the daily metal price updates. Commodities trading includes the trading of metals which are closely tied to commons crap metal sources.However, Sterling has weakened against the Dollar and the Euro, which has negatively impacted export prices For example, there is likely to be a higher demand for local scrap metal due to increased import costs caused by Brexit. This might be impacted by seasonality, export/import tariffs. Market forces will affect the prices of scrap metals on a local basis (by UK city or nationally).Let's break down these factors affecting scrap metal prices here: If they have treatment facilities for the metal d. They will determine their daily prices on a multitude of factors: a. In your local city, you can either opt to trade with individual scrap metal traders who you can find on Yell, or larger companies who you can find on our site under the below city pages. These dealers in your local area will determine the price of scrap metal you will receive, and in the UK this price will be calculated as a £ per kg in most cases, except where catalytic converters are involved or in some other unique scrap metal cases. Search the register of scrap metal dealers to be certain you are trading with a legal entity - if you can try and ask for their licence number, as dealers tend to be mobile and their addresses can be unreliable. Who's buying your scrap metal? They will be dealers, who are required to be licensed and registered in order to trade scrap metal.
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