Scrap Stainless Steel Prices in Bendigo

Today's estimated payouts in Bendigo range from $1.20 per kilogram (304 stainless) up to $1.31 (316 stainless). Prices update daily and reflect Bendigo's 0.92× regional adjustment from the Sydney benchmark. See the grades table above for all payouts.

Check the Bendigo yard directory for addresses and phone numbers, then call 2-3 yards before transport. Most Bendigo yards accept stainless steel in all common grades, though smaller yards may have minimum weight requirements. For larger loads, also consider yards in Melbourne.

Transport cost. Stainless Steel sold in Bendigo eventually travels to a smelter or export port — typically via Melbourne — and yards price the freight cost into their offer. The 0.92× regional adjustment models this transport drag based on observed yard rates and distance to processing facilities.

Bendigo yards use the same grading system as the rest of Australia: 304 Stainless, 316 Stainless. The grade depends on cleanliness, alloy purity, and contamination. See our complete <a href="/metals/stainless/">Stainless Steel grading guide</a> for what each grade means, examples, and how to identify it.

Yes, for every scrap sale. When buying scrap metal the dealer must record the seller's name, address and identification details. Second-hand dealers accept one photo ID (passport, driver licence, a photo document issued by a statutory authority, a tertiary student card or a firearms licence) or two non-photo documents such as a birth certificate, citizenship certificate, marriage certificate or a Commonwealth health or pensioner card. (No stand-alone scrap metal Act. Scrap metal dealers and auto wreckers are regulated under the Second-Hand Dealers and Pawnbrokers Act 1989 and its regulations; last checked 2026-09-02.)

Cash is banned, in force since 30 May 2018. A dealer must not pay or receive cash for scrap metal. Payment can only be by a cheque that is not transferable or payable to cash, or by electronic funds transfer, and e-currency such as bitcoin is not allowed. Penalty up to 200 penalty units, or a 12 penalty unit on-the-spot fine. (Last checked 2026-09-02.)

Generally no, unless you have a very large load. Fuel costs from Bendigo to Melbourne quickly eat the rate difference, especially for a single residential load. The exception is high-value loads of clean copper or brass — for loads above a few hundred kilograms of clean material, the maths can work out. For everything else, consolidate locally and accept the 0.92× rate.