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Scrap metal prices are different. Which scrap metal price is higher?
2024-03-25, Scrap metal prices
The price of steel scrap, like that of non-ferrous metal scrap, is often not stable and changes frequently. The price of scrap metal mostly depends on the demand for this raw material in the market. The higher the demand for metal in the market, the higher the price of this raw material on metal exchanges. When the price of metal increases in the metal exchanges, the purchase prices of scrap metal also increase.
Scrap metal prices are different in different countries. Information can be found on the Internet that the highest price of scrap metal is in Turkey and has been between 300 - 400 euros per ton for several years.
The price of heavy metal scrap is higher, while the price of thin and light metal scrap is lower. This is due to the higher transportation cost of light metal scrap. For example, car brake discs have a lot of weight and a small volume, so scrap car brake discs always have a high price.
The highest price of scrap metal remains in Turkey
2024-03-05, Scrap metal prices
At the beginning of 2024, it is possible to review the price of scrap metal in 2023. From the presented graph, we can see that last year the price of scrap metal remained around $380 per ton for a longer period of time. However, comparing the price of scrap metal at the beginning of the year and at the end of the year, it could be said that the price did not change much and remained on average at the level of $400-420 per ton. Evaluating the price of scrap metal by country, we can say that the highest price of scrap metal was in Turkey.
In the period of the first two months of 2024, the price of scrap metal also had no significant changes and averaged around $410 per ton. The price of scrap metal fluctuates depending on various factors such as demand, supply, market conditions, and the global economy.
Scrap aluminium prices in the world
2024-02-20, Scrap aluminum prices
At the beginning of 2024, the price of aluminum on the metal exchanges started to decrease rapidly and during January it decreased by almost 10% from $2,380 to $2,160 per ton. However, judging by the fact that the price of aluminum was strongly increased in December 2023, it can be concluded that the average price of aluminum remained at a similar level. In the period of these two months, the prices of aluminum scrap did not change much. Analyzing various information on the Internet, it can be said that the highest price of aluminum scrap is in Poland.
Those who want to sell scrap aluminum should know that one of the types of scrap aluminum that has a high price is aluminum car rims. Their price
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