* For ferrous and non-ferrous price indicators, £ per tonne, use the drop down navigation to the right*
Metal recycling is one of the largest recycling industries within the UK. The prices shown here provide an indication of the sums that may be paid within the metals recycling industry by typically medium to large sized businesses who are receiving material from merchants and local collectors. Our prices are guide prices and aim to give a good indication of the market price but cannot be guaranteed.
The letsrecycle.com ferrous prices are usually revised mid-month and non-ferrous prices on a weekly basis.
Within the trade the quality of material presented and the volumes may influence the prices paid. letsrecycle.com provides a monthly guide to scrap metal prices in the sector, drawing on input from a range of businesses in the scrap metal recycling industry. The prices shown are on an indicative basis.
The metals recycling sector has traditionally been one of the most important recycling industries, with an estimated turnover of about £5.6 billion a year.
Scrap metal comes 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.
Since the introduction of the Scrap Metal Dealers’ Act in 2013, scrap dealers have been prohibited from paying for metal using cash.