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Scrap Metal Prices January 2020

Posted 16th January, 2020

2019 wasn't a year for the record books (not in a positive way anyway), but for the first two weeks of 2020, we have seen some positive movement in the non-ferrous prices. These movements are mainly down to some progressive negotiations between the US and China, coupled with sterling strengthening against the dollar. Ferrous (steel) prices did have a bit of upward movement, but this has been wiped off of the last day.

Let's have a look at the average scrap metal prices. These are being offered by local scrap metal yards throughout the UK this week. If you are being offered anything toward the lower end then maybe it's time to shop around for a better deal.

 

LME Prices


These graphs are showing how the LME is looking during the first half of January 2020.

Copper - +1%
Aluminium - +1.2%
Lead - +2.9%
Steel - -0.3%

 

 

Scrap Yard Scrap Metal Prices

Copper Wire (Dry Bright)

£4140 - £4480 per tonne

Copper Tube (New)

£3930 - £4410 per tonne

Copper Cylinders

£3360 - £3750 per tonne

Copper Braziery

£3080 - £3460 per tonne

Mixed Brass

£2220 - £2620 per tonne

Household Cable

£1100 - £1310 per tonne

Lead

£1170 - £1370 per tonne

Aluminium

£430 - £580 per tonne

Alloy Wheels

£770 - £940 per tonne

Copper/Aluminium Rads

£1320 - £1670 per tonne

Stainless Steel

£560 - £720 per tonne

Batteries

£510 - £530 per tonne

Electric Motors

£240 - £420 per tonne

 

Scrap Metal Survey

Before the Christmas break, we issued a survey out to our followers. The survey is aimed at getting the opinions of both scrap sellers and scrap buyers. It is an anonymous survey, and we will be collecting the results and publishing them at the end of January. If you have not done already, can you please complete the survey HERE. It will only take 2-3 minutes to complete.

 

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