Ferrous Metals Pricing - Melbourne
Ferrous metals contain iron and are known for their strength, durability, and magnetic properties. These metals include steel, cast iron, and wrought iron in various forms. At Noble Metal Recycling, we accept all types of ferrous metals and offer competitive prices based on current market rates.
Prices listed below are updated as of August 13, 2025, and are subject to change based on market fluctuations. For large quantities or special materials, please contact us directly for the most accurate quote.
Pro Tip: Clean, sorted materials free of contaminants will always fetch the highest prices. Removing non-metallic attachments and separating different metal types can significantly increase your payout.
Current Ferrous Metal Prices
| Material | Description | Price per Tonne | Price per Kg |
|---|---|---|---|
| Heavy Melting Steel (HMS) | Heavy steel over 6mm thick, structural steel, machine parts | $220 - $250 | $0.22 - $0.25 |
| Light Gauge Steel | Thin steel under 6mm, white goods, roofing iron, car bodies | $180 - $210 | $0.18 - $0.21 |
| Cast Iron | Engine blocks, machinery bases, pipes, cookware | $250 - $280 | $0.25 - $0.28 |
| Steel Plate & Structural | Heavy beams, plate steel, railway materials | $240 - $270 | $0.24 - $0.27 |
| Reinforcing Bar (Rebar) | Construction steel rods, clean and sorted | $220 - $250 | $0.22 - $0.25 |
| Busheling | New production steel scrap, stampings | $250 - $280 | $0.25 - $0.28 |
| Machine Shop Turnings | Steel shavings from machining operations | $170 - $190 | $0.17 - $0.19 |
| Mixed Steel | Unsorted mix of various steel types | $160 - $180 | $0.16 - $0.18 |
| Car Parts (Steel) | Automotive steel components | $180 - $210 | $0.18 - $0.21 |
Additional Information
Acceptance Criteria
- Materials should be reasonably clean and free from non-metallic contaminants
- Separate different types of ferrous metals for the best pricing
- Remove excessive rust or coatings when possible
- Large items may require cutting to manageable sizes
- Heavy machinery may require prior arrangements for handling
Common Sources
- Construction and demolition waste
- Automotive parts and components
- Industrial machinery and equipment
- Manufacturing scrap and offcuts
- Household appliances and white goods
- Farm equipment and agricultural implements
- Structural steel from building renovations
For the most accurate pricing
Ferrous prices change with global markets. For a tailored quote, call +61 412 226 179 or email info@noblemetalrecycling.com.au. We`ll assess your materials and provide a detailed quote. Volume discounts available.
Have Questions About Ferrous Metal Recycling?
Contact our experts for personalized advice and quotes for your specific materials.
Prices effective as of August 13, 2025. Subject to change based on market conditions.
Price ranges reflect quality, cleanliness, and quantity of materials. On-site evaluation may affect final pricing.