Current Scrap Metal Prices Snapshot
Prices fluctuate daily, but averages give a picture:
| Metal | Average Price per Tonne (Late 2025) | Common Sources |
|---|---|---|
| Copper (bright wire) | £6,000–£7,500 | Wiring, plumbing |
| Aluminium | £1,200–£1,800 | Cans, extrusions |
| Ferrous (iron/steel) | £150–£300 | Appliances, vehicles |
| Brass | £3,500–£4,500 | Fittings |
| Stainless Steel | £800–£1,200 | Kitchenware |
Copper stock price influences scrap values. Aluminium stocks rise with packaging needs.
Why Prices May Rise from January 2026
Global demand from electric vehicles and renewables boosts copper and aluminium. Supply constraints from mining delays add pressure. UK construction and manufacturing recovery increases ferrous needs. Energy transition policies encourage recycling, tightening local supply.
Regional Variations in the UK
London and Southeast yards pay premiums for volume. Northern England and Scotland offer competitive rates for industrial scrap. Wales sees steady aluminium from cans. Midlands hubs like Birmingham handle mixed loads efficiently.
Common Sources of Scrap Metal
- Household: Old wiring, radiators, cans
- Vehicles: Catalytic converters (high value), body parts
- Construction: Pipes, beams
- Appliances: Washing machines, fridges (steel heavy)
Sorting by type maximises returns—clean copper fetches top rates.
Tips for Selling Scrap
Contact multiple yards for quotes—prices differ. Use apps or sites for live updates. Prepare ID and transport. Larger loads often negotiate better.
Environmental and Economic Benefits
Recycling saves energy—aluminium uses 95% less than new production. Supports jobs in the sector employing thousands.
Market Influences
Copper stock and aluminium stocks track commodity exchanges. Scrap prices today reflect these movements.
Preparing for 2026 Changes
Stockpiling clean metals now positions for higher payouts. Yards expect busier periods.
Conclusion
From January 2026, scrap metal prices for aluminium, copper, and iron may surprise with increases in the UK. Local yards facilitate turning waste into cash.