If you’re thinking of selling old metal, wires, or even broken appliances, understanding scrap prices is the key to maximizing your return. Scrap metal recycling is a booming industry, and prices fluctuate based on global markets, supply and demand, and the type and quality of metal you’re selling.
???? What Affects Scrap Prices?
Several factors influence the price you’ll get for your scrap materials:
Type of metal: Non-ferrous metals like copper and aluminum are more valuable than ferrous metals like steel and iron.
Purity/cleanliness: Clean, sorted, and non-contaminated metal is worth more.
Market trends: Global demand, especially from manufacturing industries, causes daily price changes.
Location: Prices may vary slightly depending on where you're selling.
Quantity: Selling in bulk may lead to better per-kilo prices.
???? Common Scrap Metal Prices (Per Kilogram)
While prices can change daily, here's a general overview:
Metal Type Estimated Price Range
Copper (Bare Bright) $6.50 – $8.00
Aluminum $1.20 – $2.00
Brass $3.50 – $5.00
Stainless Steel $1.50 – $3.00
Cast Iron $0.15 – $0.30
Steel (Mixed) $0.10 – $0.35
???? Note: These are average prices and may vary depending on your local scrap yard.
???? Where to Check Current Scrap Prices
Local scrap yards: Call or visit for up-to-date rates.
Recycling websites: Many share daily metal price updates.
Mobile apps: Some platforms track scrap prices in real time.
In the UAE, Japan Scrap offers fair rates and convenient services for various types of scrap metal.
✅ Tips to Get the Best Price for Your Scrap
Separate your metals: Mixed loads often receive lower prices.
Clean your scrap: Removing insulation, plastic, or non-metal parts boosts value.
Weigh your load: Know how much you have before heading to the yard.
Compare prices: Different yards offer different rates — shop around.
???? Why Recycle Scrap Metal?
Recycling isn’t just profitable — it’s also a win for the environment:
Conserves natural resources
Reduces energy use compared to mining new metals
Decreases landfill waste
Helps support a circular economy
Final Thoughts
Knowing scrap prices puts you in a strong position to turn waste into money. Whether you’re clearing out a garage or managing a large-scale construction project, keeping tabs on metal prices ensures you get the most out of your recycling efforts.