Scrap Steel Prices in Hervey Bay
Scrap steel in Hervey Bay currently pays from $0.04 per kilogram for light steel up to $0.07 for heavy melting steel (hms). Hervey Bay is a regional centre in Queensland, with rates set by transport distance to the nearest capital and smelter network.
Steel grades and payouts in Hervey Bay (per kg)
Estimated yard payouts for each grade, based on the current LME spot ($0.42/kg) and Hervey Bay's 0.86× regional adjustment. Actual offers vary by yard, load size, and material quality.
| Grade | Payout rate | Est. mid (AUD/kg) | Range |
|---|---|---|---|
| Heavy Melting Steel (HMS) Steel at least 6mm thick. Standard ferrous grade for export markets. | 18% | $0.07 | $0.06 – $0.07 |
| Light Steel Thinner sheet steel, appliance cabinets, light gauge profiles. | 12% | $0.04 | $0.04 – $0.05 |
Price history
Local Hervey Bay prices track the national steel series — multiply by 0.86 for Hervey Bay equivalents. View the full 30-day chart on the national steel page.
Where these numbers come from
| Figure | Value | Source | Type | Checked |
|---|---|---|---|---|
| Steel spot price | A$0.42/kg | Fixed site estimate of A$0.42/kg | Fixed estimate, not a market feed | |
| Hervey Bay regional factor | 0.86× | Our model (freight distance and yard rate differences) | Our estimate | |
| Steel grade payout rates | 18% / 12% | Our estimate from published yard rate cards | Our estimate |
Spot prices are converted to Australian dollars per kilogram. Yard payouts are our estimates (spot × grade payout rate × regional factor), not quotes from any yard. Set when the site launched on 2026-05-16 and not updated since. No live steel scrap price feed is used. Full detail: methodology.
Steel in Hervey Bay
Hervey Bay yards serve a coastal residential market with relatively modest volume. Most large loads consolidate at Maryborough or Bundaberg.
As a regional centre, Hervey Bay's steel flow comes primarily from residential renovations, local trade work, and rural property clearances. Yards in Hervey Bay consolidate volume for shipment to processing facilities in larger centres.
Scrap yards in Hervey Bay that buy steel
5 scrap yards listed in the Hervey Bay area. Browse all yards in Hervey Bay →
Frequently asked questions
What's the current price for scrap steel in Hervey Bay? +
Today's estimated payouts in Hervey Bay range from $0.04 per kilogram (light steel) up to $0.07 (heavy melting steel (hms)). Prices update daily and reflect Hervey Bay's 0.86× regional adjustment from the Sydney benchmark. See the grades table above for all payouts.
Where can I sell scrap steel in Hervey Bay? +
Check the Hervey Bay yard directory for addresses and phone numbers, then call 2-3 yards before transport. Most Hervey Bay yards accept steel in all common grades, though smaller yards may have minimum weight requirements. For larger loads, also consider yards in Brisbane.
Why does Hervey Bay pay 14% less than Sydney for steel? +
Transport cost. Steel sold in Hervey Bay eventually travels to a smelter or export port — typically via Brisbane — and yards price the freight cost into their offer. The 0.86× regional adjustment models this transport drag based on observed yard rates and distance to processing facilities.
How is steel graded at Hervey Bay yards? +
Hervey Bay yards use the same grading system as the rest of Australia: Heavy Melting Steel (HMS), Light Steel. The grade depends on cleanliness, alloy purity, and contamination. See our complete <a href="/metals/steel/">Steel grading guide</a> for what each grade means, examples, and how to identify it.
Do Hervey Bay scrap yards require photo ID? +
Under the current Act (section 47) the dealer must obtain and verify the seller's name and address before acquiring goods; the Act itself does not specify photo ID. Once the 2026 amendments commence, scrap metal sellers will need to give their name, date of birth and residential address, verified by sighting photo ID with a unique identifier (driver licence, passport or photo ID card), plus a second document if the photo ID does not show the address. (No stand-alone scrap metal Act. Scrap metal is treated as second-hand property under the Second-hand Dealers and Pawnbrokers Act 2003; last checked 2026-09-02.)
Can I be paid cash for scrap metal in Hervey Bay? +
No cash ban. The Act contains no payment method rules, and the Department of Justice confirmed the 2026 Bill does not include a prohibition on cash payments, describing a cash ban as a future policy matter. (Last checked 2026-09-02.)
Is it worth driving from Hervey Bay to a bigger city for higher steel rates? +
Generally no, unless you have a very large load. Fuel costs from Hervey Bay to Brisbane 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 0.86× rate.