Metal

Introduction

This section of the data portal provides a summary of developments in the UK’s recovered metals market.  The data presented here comes from respected, publicly available and regularly updated sources on the internet.  By following the link(s) above the graphics, you can find out more details on the source of the data and visit the sites to access the full data.

The current highlights and trends are:


Aluminium & Steel

Aluminium can prices declined in October and November to under £1000 per tonne. They had previously  reached an 11 year high of £1025 per tonne in late August. . 

Steel can prices continued to make strong gains, trading at £138 per tonne in mid-November.  This is their highest price point since January 2015. 

Mixed can prices continued to trade at around £110 per tonne, their highest price since July 2015. 


PRN prices

Aluminium PRN prices remained at £9 per tonne in October 2017, down £2 per tonne on the same period last year. 

Steel PRN prices remained at £5 per tonne in October 2017, down £1.50 per tonne on prices seen 12 months ago. 


Packaging recovery & recycling

Around 23kt of aluminium packaging was reprocessed in the UK or exported in 2017Q3, up 1kt from 2016Q3. 

The amount of recovered steel packaging that is being reprocessed or exported totalled 95kt in 2017Q3. This was a decrease of 1kt from 2016Q3.


Non-ferrous scrap metal

Copper dry bright wire prices made strong gains in 2017. They are currently trading around £4650 per tonne.

The price of aluminium pure cuttings rebounded in October and November 17 to around to £850 per tonne.

18/8 stainless solid prices continued to improve and currently stand at £730 per tonne. Lead battery prices are broadly stable around £575 per tonne in October 2017. They previously peaked at £600 per tonne in November 2016. 


Ferrous scrap metal prices

Prices for ferrous metal grades have seen strong gains in 2017. In October 2017 prices averaged around £1305 per tonne for OA Heavy grade, £137 per tonne for 4C grade, £76 per tonne for 7B grade and £97 per tonne for grade 10.  


Aluminium 

Virgin aluminium prices rose substantially throughout 2016 and 2017. November prices currently stand at around £1580 per tonne, a decrease of around £14 per tonne on the previous month. The average price over the past 12 months was £1,504 per tonne.