Scrap Iron
When we talk about iron, it refers to heavy industry or heavy machinery parts that are used in large-scale industries like the production of industry’s heavy machinery, bridges, construction industry, railways and shipbuilding. Iron is traded at scrap iron prices per kg and scrap iron prices per ton. The latest prices of iron scrap are as follows:-
| Scrap Metal | Scrap Iron Prices Per Kg | Scrap Iron Prices Per Ton |
|---|---|---|
| Cast Iron | £0.14 – £0.17 | £120 – £170 |
| Heavy Iron | £0.17 – £0.23 | £160 – £220 |
| Light Iron | £0.12 – £0.15 | £110 – £150 |
| Mixed Iron | £0.14 – £0.25 | £150 – £230 |
| Scrap Car (Iron) | £0.12 – £0.16 | £100 – £150 |
Scrap Iron Prices
The scrap iron market prices never go up and down suddenly because the continuous supply of iron scrap from different ways makes its market stable as compared to other metals. Iron scrap can be recycled without losing iron quality and is ready to use again. Mostly, huge amounts of iron go to scrap yards and recycling centers. Iron is specially used in auto engines, train engines and other mechanical parts. However, the use of iron exists in our home appliances like, gates, washing machines, refrigerators, and many more our daily use appliances.
Factor Directly Affects the prices of Scrap Iron UK.
Multiple factors have a huge effect on the prices of scrap iron UK. The 1st factor is the demand and supply of scrap iron. The 2nd factor is the grade of iron; the grade of scrap metal defines the purity of scrap metal. When scrap metal meets the purity standard, the prices of pure scrap metal are always high. The 3rd factor is the distance between your location and the scrap yard or recycling center because transportation costs directly affect the prices of iron scrap due to its heavy weight and large parts of scrap.
Where to Sell Scrap Iron in the UK
Visit your nearest scrap yard or recycling center. But remember, if you have a large amount of scrap iron then please visit multiple scrap yards and get the prices and ask for pick up service. Sometimes, some scrap yards and recycling centers offer pick-up scrap service from your doorstep.