Scrap Steel Prices London

Scrap Steel Prices London

Stainless steel is important in construction manufacturing. The scrap steel prices in London are high nowadays. It comes with high strength, corrosion resistance and a shiny polish surface. The most recycled metal is steel due to its vast use. During the construction and manufacturing process, a large amount of steel scrap is produced. Therefore steel scrap is produced in large amounts as compared to other metals. The prices of stainless steel in London are high. The common types of steel scrap latest prices are given below in the table.

Scrap MetalScrap Stainless Steel Prices
Stainless Steel 18/8£0.67 – £0.86
316 Stainless Steel£1.05 – £1.45
Stainless Steel Turnings£0.66 – £1.17
Stainless Steel Mix£0.31 – £0.72

Scrap Steel London

Thousands of people are directly engaged in the scrap business due to good financial returns, and it supports the Country’s circular economy. The rates of scrap stainless steel in London are currently experiencing high. All scrap steel business run through scrapyards and recyling centers that always offers good rates against scrap stainless steel in London.

Properties of Stainless Steel

  • Rust Resistance
  • Higher Strength than Other Metals
  • Heat Resistence
  • Recyleable

Uses of Stainless Steel

  • Constuction
  • Muanufacturing
  • Surgical Instruments
  • Transportation
  • Chemical Processing

Recycling of Stainless Steel

Stainless steel metal has a large amount of scrap due to its vast use during construction and manufacturing a large amount of scrap produced. Old and broken steel items are the main source of steel scrap. There are multiple benefits of recycling scrap steel in London.

  • Helps in Urban Waste Management
  • Support Circular Economy
  • Energy Saving
  • Financial Return