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 have shown some improvement since April 2018, and are currently trading at around £1045 per tonne, similar to levels seen between November 2017 and March 2018. 

Steel can prices also improved, reaching £128 per tonne in early July 18. Mixed can prices remained at £85 per tonne. 


PRN prices


Aluminium PRN prices have increased throughout 2018 and currently trade at £22 per tonne, the highest price seen since June 2016. 

Steel PRN prices have shown good overall growth during 2018 and currently trade at £10 per tonne.  


Packaging recovery & recycling


Around 25kt of aluminium packaging was reprocessed in the UK or exported in 2018Q2, which is 1kt less than 2017Q2. 

The amount of recovered steel packaging that is being reprocessed or exported totalled 109kt in 2018Q2. This was a decrease of 7kt from 2017Q2.


Non-ferrous scrap metal


Copper dry bright wire prices declined to £4,185 per tonne in July 2018.

The price of aluminium pure cuttings declined in July 2018 and they are currently trading at £875 per tonne.

18/8 stainless solid prices showed overall growth in 2018 and are currently trading at £840 per tonne. tonne. Lead battery prices have fluctuated slightly and currently stand at £565 per tonne. They previously peaked at £600 per tonne in November 2016. 


Ferrous scrap metal prices


Prices for ferrous metal grades continued to perform well.  In July 2018 prices averaged around £178 per tonne for OA Heavy grade, £145 per tonne for 4C grade, £85 per tonne for 7B grade and £105 per tonne for grade 10.  


Aluminium 


Virgin aluminium prices hit a high of £1733 per tonne in June 2018. The average price over the past 12 months was £1,474 per tonne.