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May 2022

WHAT DO METAL SCRAP DEALERS DO WITH THE METAL?
WHAT DO METAL SCRAP DEALERS DO WITH THE METAL? 800 450 Zeeshan

Metal scrap dealer As Western Australia’s largest city, Perth is bustling with development and always stays up-to-date with current infrastructure trends from around the world – often setting the tone for developing nations. But with construction and industry comes the responsibility of proper waste management, and how better to do that than with recycling?

With an aim of helping you understand the ins and outs of metal scrap dealers and the vital role they play in the health of our city, we’ve highlighted some of the most important things you need to know.

Participants

First, let’s take a look at all the parties involved and why they’d want to work closely with a metal scrap yard. Most of the time, those that visit scrap yards are people and businesses in Western Australia’s trade industry. Whether they’re electricians, contractors, plumbers, demolition experts, construction companies, manufacturing plants, or government departments, they have a need for (or need to get rid of) metal. In the odd occurrence, clever homeowners will also visit scrap yards looking for second-hand materials and appliances.

Metal Scrap Dealer Operations

Now that you know who is making use of scrap yards, let’s distinguish exactly what happens onsite. Two things take place: People bring materials to the scrapyard in order to get rid of unwanted metals and are paid depending on the weight of their delivery. Establishments will buy scrap metals from a variety of contributors, namely the private sector (businesses), governments, and public organizations. Have a look at what we buy. This metal will then be sent to the mill to be turned into new metal products. Only once the scrap is sorted into relevant categories (ferrous metals, non-ferrous metals, and electronics or e-scrap) and/or formed into new products will it be purchased by those looking for recycled materials. This ranges from common metals like steel and iron to electronics found in computer towers, circuit boards, and power supplies.

Metal Scrap Dealer Location

Because scrap yards require lots of space for heavy-duty operations and storage, you won’t usually find them in the private and commercial spaces now surrounding urban living. Instead, scrap yards are located in industrial zones that are not only out of the way, but offer large areas for offloading, storing, and working with metals. With scarp yards heavily relying on the trading industry, common denominators are things like population, construction, and demolition. Thus, they are also often found near major ports to ensure quick and easy transportation via trucks, ships, and railways.

Trading Hours

Every Metal scrap dealer is different, dealing with specific materials and a wide range of quantities. Some yards work with so much material that you could visit them daily, while others receive small batches of scrap less frequently. Our yards will operate throughout the week from 7 am – 4 pm, although this should not be assumed – rather schedule an appointment once you know where to. Saturdays we are available between7:30 am to 11:30 am.

Scrap yards are busiest during spring and summer, as developers and demolition companies usually start their projects at these times of the year. This is also true for home renovations, with construction taking place when it’s most convenient – usually when the sun is shining.

metal scrap price
Global scrap metal prices
Global scrap metal prices 800 450 Zeeshan

Argus provides comprehensive and detailed coverage of the global ferrous and non-ferrous scrap markets, with over 1,000 price assessments produced by its global network of highly skilled market experts. Argus is particularly strong in creating methodologies appropriate to the trading dynamics of a specific spot market and providing a mechanism for valuing scrap alloys. Through its extensive and unique metal scrap price assessments of specialty scrap materials or by using the Alloy Calculator, Argus provides market participants with an independent contract settlement mechanism for scrap recovery for even the most highly engineered materials.

Ferrous coverage

Argus offers a comprehensive regional view of the most active spot markets for ferrous scrap in regions around the world. Each price is available for direct comparison in multiple markets, with currency and unit of measurement conversions available to standardize charts and facilitate the detection of favorable trade conditions. Distinguished by either fob dealer or delivered to consumer incoterms, all prices are aligned with common industry specifications for that region. Explore the full list of scrap prices and specifications, including the length of history available on the Argus Metals platform for the grades, assessed.

      • Bundles
    • Busheling
    • Foundry/specialty
    • Heavy melt
    • Machine shop turnings
    • Plate and structural
    • Shredded scrap
    • Tool steel
    • Stainless and superalloys
    • Alloy Calculator, where the current value of any alloy can be calculated by an intrinsic value formula in the absence of sufficient liquidity to produce a proper assessment

    Argus has also launched a new Argus US Ferrous Scrap service to further enhance our coverage of global scrap markets. This new service provides a concise and focused view of regional settlement prices in the US – including Argus’ new Southern US busheling and shredded weighted average assessments – to support contract settlement and indexation.

    Non-ferrous coverage

    Argus provides the full range of non-ferrous coverage from scrap price assessments on UBC, Zorba, taint, tweak and twitch products, as well as exchange data (30-minute delay LME and Comex prices are standard with Argus products) and global base metal premiums. Explore the full list of scrap prices in each non-ferrous category and visit the exchange data page to understand the unique value that Argus brings through its analysis of global exchange prices.

    • Aluminum prices
      Aluminum alloy prices
      Brass/bronze prices
      Copper prices
      Lead prices
      Nickel prices
      Stainless and alloys
      Zinc prices
      Alloy Calculator, including over 200 predefined common alloys
      Exchange data

    Highlights of North American coverage Argus’ coverage of the North American scrap market focuses on spot market trading patterns within the most active regional domestic trading locations, as well as on export transactions. The full value chain is represented in the suite of Argus scrap assessments, from collecting at the yard to deliver to consumer prices:

    • 8 containerized scrap price locations
      14 consumer buying scrap price locations, including the US and Canada
      8 export yard scrap buying price locations
      4 dealer selling scrap price locations
      139 regional US and Canada non-ferrous scrap yard collection prices
      Prime and obsolete grades of scrap price assessments
      Mill and foundry grades of scrap price assessments: Titanium, stainless, and scrap alloy pricing
      NEW: Southern US busheling and shredded weighted average assessments

    Highlights of European Metal Scrap Price coverage

    Argus Metal scrap Price provides context and intelligence to European domestic scrap markets to help steel mills, scrap suppliers, buyers, and industrial manufacturers gain a greater understanding of the markets in which they operate. Argus produces over 50 European scrap prices assessments, including:

    • German domestic ferrous scrap prices
      Spanish domestic ferrous scrap prices
      Spanish imported scrap prices
      UK domestic ferrous scrap prices
      Russia, including St Petersburg, dockside price

    Highlights of Asian Metal Scrap Price coverage

    Argus carries Asian scrap prices from a variety of mature scrap-generating markets and provides insightful analysis of deep-sea trades and short-sea trades. Argus covers the full scope of steel mill purchasing activity for electric arc furnace-based production, including stainless and engineered steels, in recognition of the global nature of many steel feedstock’s purchased by mills across the world.

    • Taiwan imported ferrous scrap prices
      India imported ferrous scrap prices
      Pakistan imported ferrous scrap prices
      Bangladesh imported ferrous scrap prices
      China, South Korea, Taiwan, Japan imported aluminum scrap prices
      China, South Korea, Taiwan, Japan imported copper scrap prices

    Argus carries a variety of global scrap prices in each of its three core products — Argus Metal Prices, Argus Ferrous Markets, and Argus Metals International. To discover the combination of products that will provide the most complete coverage to serve your company’s needs, contact us for a consultation. Information about Argus subscription options can be found here.