Metals

The metals sector has traditionally been one of the most profitable recycling industries, with an estimated turnover of between £4 billion and £5 billion a year. The sector's trade organisation, the British Metals Recycling Association (BMRA), estimates that, in 2006, it recovered 15 million tonnes of material, and metal recovered in the UK is used as a raw material both domestically and overseas.

Scrap metal come in two forms; ferrous - steel and iron - which includes steel packaging such as food cans, and non-ferrous - such as copper, brass, aluminium and zinc - which includes the majority of drinks cans.

It also comes from a variety of sources, and as a result metal recyclers have had a key role in helping the UK to work towards a number of European recycling targets, including the End-of-Life Vehicle (ELV) Directive, the Waste Electrical and Electronic Equipment (WEEE) Directive, the Packaging and Packaging Waste Directive and the Batteries Directive.

However, despite the metal recycling sector's size and value, and a concerted period of high prices for recovered metals in recent years, the sector suffered from the market downturn experienced throughout the recycling industry in late 2008. In particular, a major drop in demand for scrap to be used as a secondary raw material due to global slumps in the automotive and construction sectors meant that the industry was hit by concerns over the long-term impact on scrap metal recyclers of all sizes.

Regulation

To aid their cause, metal recyclers have long campaigned for reduced regulation, and in particular, with up to 60% of the UK's recovered metal being exported, for changes to the regulatory framework for sending metals for reprocessing overseas. With the inclusion of 'end of waste' criteria within the revised EU Waste Framework Directive that was passed in 2008, hopes have been raised among metal recyclers that recovered metal may be considered as a secondary raw material and not waste, and therefore not subjected to such stringent shipping controls.

Metal recyclers have long been expected to register with their local authority and keep a record of all material that passes through their yard, under the Scrap Metal Dealers Act 1964. But, in recent years, domestic regulation of the metal recycling sector has seen the introduction of legislation that specifically targets rogue elements of the industry, such as the Motor Salvage Operators Regulations 2002, which aim to reduce opportunities for stolen vehicles to be disposed of.

Efforts are also continuing to stamp out the inter-related problems of illegal scrap metal dealers, and metals theft, with the Home Office establishing a National Metal Theft Crime Unit in early 2009 in a bid to tackle the issue.

Source: British Metals Recycling Association

Ferrous metal prices 2012

Ferrous scrap metal prices: £ per tonne

Jan Feb Mar Apr May Jun
0A plate & girder 200 190 200 200
No 1 old steel scrap 185 - 190 175 - 180 185 - 190 185 - 190
No 2 old steel scrap 175 - 180 165 - 170 175 - 180 175 - 180
4A low residual bales 200 190 200 200
4C new production bales 210 200 200 - 210 200 - 210
light iron 160 - 165 150 - 155 160 - 165 160 - 165
7B mixed steel turnings 170 160 165 - 170 165 - 170
8B mixed steel cuttings 200 190 200 200
foundry heavy cast iron 170 160 170 170
No 9 cast 170 160 170 170
No 10 light cast 170 160 170 170
11 cast iron borings 165 152 160 160
12A new production heavy steel scrap 195 185 195 195
Jul Aug Sep Oct Nov Dec
0A plate & girder
No 1 old steel scrap
No 2 old steel scrap
4A low residual bales
4C new production bales
light iron
7B mixed steel turnings
8B mixed steel cuttings
foundry heavy cast iron
No 9 cast
No 10 light cast
11 cast iron borings
12A new production heavy steel scrap

Ferrous scrap metal prices: £ per tonne

Prices chart

Ferrous scrap metal prices: £ per tonne

Prices chart

Ferrous scrap metal prices: £ per tonne

Prices chart

Ferrous scrap metal prices: £ per tonne

Prices chart

Non-ferrous metal prices 2012

Non-ferrous metal prices 2012

Jan Feb Mar Apr May Jun
Dry bright wire 3800 4200 4250 4000 4000
Heavy copper 3400 3800 4050 3600 3600
No 2 copper wire 3200 3600 3850 3450 3450
Braziery copper 3000 3400 3400 3000 3000
Insulated copper cable 1200 1400 1500 1200 1200
Brass cuttings 2500 2900 2900 2700 2700
Brass swarf 2100 2500 2500 2300 2300
Brass and copper radiators 1600 2200 2200 2000 2000
Mixed brass 2100 2500 2500 2300 2300
Heavy brass 2300 2700 2700 2500 2500
Gunmetal 2500 2900 2900 2700 2700
Pure aluminium cuttings 900 900 950 950 950
Aluminium alloy cuttings 850 850 900 900 850
Old rolled aluminium 700 700 750 750 700
Clean cast aluminium 800 800 850 850 800
Aluminium turnings 500 550 600 600 600
Aluminium foil 60 60 60 60 60
Lead scrap 900 1000 1000 900 900
Batteries 350 450 450 400 400
Zinc mixed scrap 500 500 520 520 520
Zinc cuttings 550 550 550 550 550
18:8 stainless steel solids 1000 1150 1150 1000 1000
Jul Aug Sep Oct Nov Dec
Dry bright wire
Heavy copper
No 2 copper wire
Braziery copper
Insulated copper cable
Brass cuttings
Brass swarf
Brass and copper radiators
Mixed brass
Heavy brass
Gunmetal
Pure aluminium cuttings
Aluminium alloy cuttings
Old rolled aluminium
Clean cast aluminium
Aluminium turnings
Aluminium foil
Lead scrap
Batteries
Zinc mixed scrap
Zinc cuttings
18:8 stainless steel solids

Non-ferrous metal prices 2012

Prices chart

Non-ferrous metal prices 2012

Prices chart

Aluminium can prices 2012

The price shown here is a letsrecycle.com indicator of the market price for baled used aluminium cans per tonne, excluding delivery.

Prices recorded in our archive up to March 2011 were £ per tonne for aluminium used beverage containers delivered to a Novelis regional processor - Novelis operates a recycling plant near Warrington. However, as of April 2011 Novelis no longer published a market price and our price guides since then show a letsrecycle.com indicator price.

If you have any comments on the price shown here, please contact news@letsrecycle.com.

Aluminium can prices 2012 £ per tonne

Jan Feb Mar Apr May Jun
baled or densified and strapped 940 - 1000 935 875 875
Jul Aug Sep Oct Nov Dec
baled or densified and strapped

Aluminium can prices 2012 £ per tonne

Prices chart

Steel Can Prices 2012

Jan Feb Mar Apr May Jun
steel cans ('ex-works' - excluding delivery) 145 - 175 150 - 180 165 165
Jul Aug Sep Oct Nov Dec
steel cans ('ex-works' - excluding delivery)

Prices chart
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