Scrap metal is quite a profitable business. the prices of metals rise and fall just like trading on the stock market. People can make a substantial amount of money by collecting and selling metal. There are several metals to consider. These include gold which for the normal person, is a bit difficult to get. Aluminium and copper on the other hand is much more accessible. Copper is used on construction sites while aluminium is used to make both industrial and house hold items like cooking pots.
Uk metal prices depend on the type of metal. According to the London metal exchange plays a major role in determining uk metal prices. They classify metals in terms of non ferrouns metals like copper, zinc, lead; minor metals like cobalt, precious metals like gold,silver and steel.
For scrap copper or lead, the price will depend on whether it clean or unclean with clean going at 2.5 pounds per kilogram and 2.10 pounds per kilogram respectively.
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