Scrap Metal Prices in Geelong
Current Scrap Metal Prices in Geelong
| Metal | Price per Kilo |
|---|---|
| Bare Bright Copper | A$6.63 – A$7.33 |
| Copper 1 (Clean) | A$6.08 – A$6.72 |
| Copper 2 (Mixed) | A$5.57 – A$6.16 |
| Insulated Wire 1 | A$5.12 – A$5.65 |
| Insulated Wire 2 (PVC) | A$2.17 – A$2.40 |
| Aluminium Extruded | A$1.28 – A$1.41 |
| Aluminium Cast | A$0.93 – A$1.03 |
| Aluminium Domestic | A$0.92 – A$1.02 |
| Aluminium Cans | A$0.75 – A$0.83 |
| Clean Brass | A$4.14 – A$4.58 |
| Stainless Steel | A$1.02 – A$1.13 |
| Titanium | A$3.76 – A$4.16 |
| Lead | A$1.40 – A$1.54 |
| PB Battery | A$0.54 – A$0.59 |
| Car Battery | A$4.70 – A$5.20 |
| Truck Battery | A$5.64 – A$6.24 |
| Fridge | A$0.09 – A$0.10 |
Scrap Metal Prices in Geelong
As of the scrap metal prices in Geelong are as follows:
- Aluminium:
- Clean aluminium: $3.78 per kg
- Aluminium alloy: $2.75 per kg
- Aluminium cans (clean): $1.89 per kg​ (Scrap Metal Prices – USA)​​ (SadaMart.com)​.
- Copper:
- Bare bright copper wire: $12.93 per kg
- #1 copper tubing: $12.06 per kg
- Insulated copper wire: $10.34 per kg​ (Scrap Metal Prices – USA)​.
- Brass:
- Red brass: $7.63 per kg
- Yellow brass: $7.18 per kg​ (Scrap Metal Prices – USA)​.
- Steel:
- Structural steel: $0.23 per kg
- Shredded auto scrap: $0.25 per kg​ (Scrap Metal Prices – USA)​.
- Lead:
- Solid lead: $2.08 per kg
- Lead batteries: $0.68 per kg​ (Scrap Metal Prices – USA)​.
- Zinc:
- New zinc die-cast: $2.69 per kg​ (Scrap Metal Prices – USA)​.
Introduction to Scrap Metal Market in Geelong
The scrap metal market in Geelong offers opportunities for both sellers and buyers. Understanding this market’s intricacies is crucial for making informed decisions and maximizing returns.
Factors Influencing Scrap Metal Prices
Several factors influence scrap metal prices in Geelong:
- Global Market Trends: Fluctuations in global demand and supply impact scrap metal prices in Geelong.
- Local Demand: Industrial activity and construction projects in Geelong drive local demand for scrap metal, influencing prices.
- Metal Type: Different types of metals, such as copper, aluminum, and steel, have varying prices based on their demand and availability.
Where to Sell Scrap Metal in Geelong
Several scrap yards and recycling centers in Geelong offer competitive prices for scrap metal. Some prominent ones include:
- Sims Metal Management: Located in North Geelong, Sims Metal Management is a leading metal recycler offering good prices and services for a variety of scrap metals. They accept copper, aluminium, steel, and more. Their operating hours are Monday to Friday, 7:00 AM to 3:00 PM​ (Sims Metal Management)​.
- Transformer Metals: This company services residential, commercial, and industrial customers across Geelong, providing top prices for scrap metals. They offer pick-up services and same-day payments, making it convenient for sellers​ (North Shore Scrap Metal Recycling)​.
- North Shore Scrap Metal Recycling: Known for their comprehensive recycling services, they accept a wide range of metals including copper, aluminium, and stainless steel. They are open from Monday to Friday, 1:00 PM to 5:00 PM, and on Saturdays from 12:00 PM to 2:00 PM​ (North Shore Scrap Metal Recycling)​.
Tips for Maximizing Scrap Metal Profits
- Sort Your Metals: Separate your metals by type and quality to get the best prices. Clean metals usually fetch higher prices than mixed or contaminated ones.
- Stay Informed: Keep track of the current market prices for scrap metals to ensure you sell at the best possible rates. Websites like Price of Scrap Metals and SadaMart provide up-to-date information​ (Scrap Metal Prices – USA)​​ (SadaMart.com)​.
- Negotiate: Don’t hesitate to negotiate with scrap yards. If you have a large quantity of metal, you might be able to get a better deal.
- Know the Law: In Geelong, and throughout Australia, it’s required to provide full identification when selling scrap metal. This measure helps in reducing metal theft and related crimes​ (Scrap Metal Prices Per KG Australia)​.
Conclusion
Understanding the current scrap metal prices in Geelong and the factors that influence them can help you make informed decisions when selling your scrap metal. By choosing the right scrap yard and following best practices, you can maximize your profits and contribute to environmental sustainability through recycling. Stay updated on the latest prices and market trends to get the best value for your scrap metal.
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