Edmonton Scrap Metal Prices

Scrap metal recycling is a significant industry, contributing to economic growth and environmental sustainability. Edmonton, the capital city of Alberta known for its bustling oil and gas industry, provides a considerable market for scrap metal. This article will delve into the current scrap metal prices in Edmonton, focusing on copper, aluminium, steel, iron, and brass.

Finding the Current Scrap Metal Prices in Edmonton

To find the current scrap metal prices in Edmonton, several reliable resources can be utilised. Local scrapyards and recycling centres typically provide the most relevant prices, as they closely monitor the dynamics of the local market. Given the fluctuation of scrap metal prices due to global market trends, local demand, and the quality of the scrap, it is advisable to contact these facilities directly or check their websites for the most accurate information.

Additionally, international benchmark prices for scrap metal can be found on platforms like the London Metal Exchange and various commodities trading websites. However, these prices may not perfectly align with local prices in Edmonton due to factors such as transportation costs and local supply-demand dynamics.

Scrap Copper Prices in Edmonton

Copper is a valuable scrap metal due to its broad usage in sectors like electronics, plumbing, and electrical wiring. The demand for scrap copper is consistently high in Edmonton, leading to favourable prices.

Currently, scrap copper prices in Edmonton fluctuate between approximately CAD 8.00 – CAD 11.50 per kilogram, depending on the quality and type of the copper scrap. Clean, pure copper, such as bright copper wiring, usually commands the highest prices, while mixed or contaminated copper may yield less.

Scrap Aluminium Prices in Edmonton

Aluminium, known for its lightness and resistance to corrosion, is used extensively in industries like automotive and construction. The steady demand for recycled aluminium in Edmonton maintains a solid market for this metal.

Scrap aluminium prices in Edmonton are typically lower than copper due to its more abundant supply and lower production cost. The current average price ranges from CAD 0.85 – CAD 1.25 per kilogram. However, certain types of aluminium scrap, like extruded aluminium, may command higher prices.

Scrap Steel Prices in Edmonton

Steel, one of the most recycled metals globally due to its wide usage in industries like construction, manufacturing, and transportation, maintains a consistent demand in Edmonton.

At present, scrap steel prices in Edmonton range from CAD 0.16 – CAD 0.24 per kilogram. The price can significantly vary depending on the type and quality of the steel. For instance, stainless steel, known for its high resistance to rust and corrosion, usually fetches a higher price.

Scrap Iron Prices in Edmonton

Iron, integral to many industrial applications, maintains a steady demand in the scrap metal market. In Edmonton, scrap iron prices often align with steel prices, as steel is predominantly an alloy of iron.

On average, scrap iron prices in Edmonton range from CAD 0.14 – CAD 0.23 per kilogram. Factors such as the form of the scrap (cast iron, wrought iron, etc.) and its contamination level can influence the exact price. Furthermore, larger quantities of iron scrap might command better rates due to economies of scale.

Scrap Brass Prices in Edmonton

Brass, an alloy of copper and zinc, is prized for its decorative appeal and corrosion resistance. It is widely used in fixtures, fittings, and musical instruments. Scrap brass has a consistent demand in Edmonton, particularly within the construction and home renovation sectors.

Currently, scrap brass prices in Edmonton vary between CAD 5.30 – CAD 6.50 per kilogram. Factors such as the quality, quantity, and form of the brass scrap can influence the exact price. Clean, unadulterated brass usually fetches a higher price.

In conclusion, the scrap metal recycling industry in Edmonton is dynamic, influenced by various local and global factors. By staying informed and cultivating strong relationships with local scrapyards, businesses, and individuals alike can maximise their returns from scrap metal recycling while contributing positively to environmental sustainability.

Metal TypePrice per Kilo (kg)Last Updated
Aluminium$1.8716-July-2024
Brass$2.7416-July-2024
Bronze$1.4216-July-2024
Copper$4.6916-July-2024
Iron$1.8816-July-2024
Lead$3.2516-July-2024
Steel$1.1316-July-2024