Coburg has evolved from a traditional industrial heartland into a key player in Melbourne’s circular economy.1 The scrap metal industry in Coburg and Coburg North is a thriving sector that serves everyone from local residents clearing out garages to large-scale construction firms.
Here is an overview of how the scrap metal business operates in Coburg, the current market rates for 2026, and how to maximize your return.
The Landscape of Scrap Metal in Coburg
Because of its strategic location and industrial zoning (particularly around Coburg North), the area is home to several major recycling facilities.2 These businesses don’t just “buy junk”; they act as critical processing hubs that prevent metal from entering landfills like Wollert.3
Key Players in the Area:
- Yukri Scrap Metal: Known for extensive free pick-up services across Coburg North and competitive pricing on non-ferrous metals like aluminum and copper.
- Scrappy’s Metal Recycling: A long-standing operator specializing in both residential “cash-for-scrap” (via EFT) and industrial factory strip-outs.
- Consolidated Metal Industries: Located nearby in Brunswick, they provide drive-thru services and are a go-to for tradies with smaller, frequent loads.
- VIC Star Metals: Specialized in heavy-duty recycling, including vehicle scrap and industrial waste management with free bin services.4
2026 Estimated Scrap Metal Prices
Prices in Coburg fluctuate based on the London Metal Exchange (LME) and local demand.5 Below are the estimated rates for common materials as of early 2026:
| Metal Type | Grade / Condition | Estimated Price (AUD/kg) |
| Copper | Bright & Shiny (No. 1) | $10.50 – $11.90 |
| Copper | Domestic / Insulated Wire | $6.50 – $9.60 |
| Brass | Clean Taps & Ornaments | $5.50 – $6.50 |
| Aluminum | Extruded / Window Frames | $1.60 – $2.40 |
| Stainless Steel | 304 Grade (Kitchen Sinks) | $1.20 – $1.80 |
| Steel / Iron | Car Bodies & Appliances | $0.15 – $0.35 |
| Lead | Clean / Wheel Weights | $1.30 – $1.80 |
Note: These prices are indicative. Always call ahead for a “daily rate” quote as prices can shift overnight.
Important: The “No Cash” Law
It is vital to remember that since 2018, it has been illegal in Victoria for scrap metal dealers to pay in physical cash.6
- Payment Methods: You will receive payment via Electronic Funds Transfer (EFT) or a non-cashable cheque.7
- ID Requirements: You must provide a valid Photo ID (Driver’s License or Passport).8
- Record Keeping: Dealers are required to record your vehicle registration and the details of the transaction.9
Tips for Getting the Best Price
If you want to move from “getting rid of waste” to “making a profit,” follow these industry standards used by Coburg’s top recyclers:
- Sort Before You Arrive: If you bring a mixed load of steel and copper, most yards will pay you the lower “steel” rate for the entire bin.10 Separate your metals into distinct piles.
- Clean Your Metals: “Clean” copper (stripped of plastic) or “clean” aluminum (no steel screws attached) can fetch double the price of contaminated or “dirty” loads.11
- Check Minimum Weights: While most yards allow drop-offs of any size, free pick-up services usually require a minimum weight (often 200kg to 500kg).12
- Magnets are Your Friend: Use a magnet to test your metal. If it sticks, it’s ferrous (steel/iron) and worth less. If it doesn’t stick, it’s non-ferrous (copper/brass/aluminum) and significantly more valuable.