What are the prices for scrape metal?

The current prices of various scrap metals can be found online, on the official London Stock Exchange website. As it stands, scrap metals prices are on a relative low. The price of aluminum is now £2.40 per kilogram, whilst the price of copper is around £9.05 per kilogram. Of course, these figures could be very much out of date by now, so you should be sure to check for current values.
It can be seen that the value of scrap metals has fallen significantly since July this year. The reason for this is unclear, but it seems that more scrap metal is becoming available on the mass market as people recognize they could sell their scrap for a fee. Demand could also be on the decline as buyers find scrap metal from other sources - most significantly, from suppliers abroad. It remains to be seen whether scrap metal values will recover by the end of the year.

• Where to buy scrap metal

There are two main choices when it comes to buying scrap metal. Firstly, you could visit a metal merchant on the high street. Prices here could be highly volatile, as supply rises and drops on a weekly basis. You could try visiting such a store towards the end of the week, at which point a metal trader would be more likely to part with scrap metal at a lower price, to make space for new incoming materials. Alternatively, you can buy scrap metal online. A number of specialist websites sell scrap metal at reasonable prices. These prices are likely to be far more stable, allowing for long term planning.