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Collecting Scrap Appliances & Metal Items

Please note most Scrap Household Metal Items are Chargeable due to low metal value and other reasons stated below.       Sadly the days ...

Friday, 6 December 2019

Ferrous Metal Prices have dropped significantly

In the last 2 Years Ferrous Metal Prices have dropped significantly, For this reason free scrap metal collections can only be offered if you have a fairly large amount and the metal is stacked in a area which is close to our vehicle.

So this will mean most small collections of ferrous metals for example washing machines, cookers, dishwashers would all be chargable items.

Below I have included 2 graphs that show how ferrous metal prices have dropped since 2018 up until the present date, to anyone who is not familiar with the term ferrous metals, I can explain for you.
Ferrous Metals are Steel, Iron and Cast Iron the word Ferrous is derived from the Latin word ferrum ("iron") all Ferrous metals contain Iron, the quickest and easiest way to check if you have ferrous metals is to hover a magnet over your metal to see if a magnet sticks then that would confirm you have ferrous metals, If a magnet does not stick this will show that you have a more valuable Non-Ferrous metal. 
Non Ferrous Metals are as Follows Lead, Copper, Brass, Aluminium and Stainless Steel.
Non-Ferrous stainless steel is often mistaken for chrome iron and visa versa, the reason for this is the 2 metals are almost identical as mentioned a magnet would clarify this as chrome iron has a strong magnetic pull. 
High grade stainless steel has a very weak magnetic pull which can make things confusing but it is still considered non ferrous. 



First Quarter 2018 Steel Price Compared to Current Price


scrap metal price chart 2019

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