Knowing how to calculate the value of your scrap is essential before selling online or locally. Scrap value depends on the type, weight, quality, and current market price of the material. Using a trusted platform like ScrapTrade, Australians can connect with verified buyers, check real-time prices, and ensure fair transactions.
Step 1: Identify the Scrap Material
- Determine the type of scrap you have: ferrous metals (steel, iron), non-ferrous metals (copper, aluminium, brass), e-waste, or industrial scrap.
- Different materials have different market rates.
ScrapTrade provides clear categories and listings for every scrap type:
https://scraptrade.com.au/buy
Step 2: Assess Material Quality
- Clean, sorted, and uncontaminated scrap is more valuable.
- Mixed or dirty scrap may require processing, reducing its price.
Verified sellers on ScrapTrade provide detailed descriptions to help buyers value scrap accurately.
Step 3: Weigh Your Scrap
- Accurately weigh your scrap using scales or estimates for larger quantities.
- Prices are typically calculated per kilogram or ton.
Step 4: Check Current Scrap Prices
- Scrap prices fluctuate daily depending on market conditions.
- Use real-time listings on ScrapTrade to see current rates from verified sellers.
Example:
| Material | Price (AUD per kg) |
|---|---|
| Copper | $7.00 – $11.00 |
| Aluminium | $1.70 – $2.00 |
| Steel | $0.10 – $0.36 |
Step 5: Calculate the Scrap Value
Formula:
Scrap Value = Weight × Price per kg
Example:
- You have 50 kg of copper
- Current scrap price = $9.00 per kg
- Scrap value = 50 × 9 = $450
Step 6: Factor in Additional Costs
- Transportation or pickup fees may affect net value.
- ScrapTrade offers integrated logistics support for hassle-free delivery to buyers.
How ScrapTrade Helps You Calculate Scrap Value
- Verified Buyers Nationwide – ensures fair offers.
- Real-Time Pricing – access current rates to calculate value accurately.
- Transparent Listings – material type, grade, and location clearly listed.
- Secure Transactions – escrow-protected payments guarantee you receive fair value.
Start valuing and selling your scrap confidently:
https://scraptrade.com.au/sell
Tips for Sellers
- Sort and clean scrap before weighing to maximize value.
- Check multiple listings on ScrapTrade to compare rates.
- Factor in delivery or pickup options when evaluating net value.
- Track daily price trends to sell at optimal rates.
Final Thoughts
Calculating the value of your scrap involves identifying the material, assessing quality, weighing it, and checking current market prices. Using ScrapTrade, Australians can access verified buyers, real-time pricing, and secure transactions, ensuring you get the best value for your scrap every time.
Start calculating and selling your scrap online today:
https://scraptrade.com.au/sell