Scrap Steel Prices in Newcastle
Scrap steel in Newcastle currently pays from $0.05 per kilogram for light steel up to $0.07 for heavy melting steel (hms). Newcastle is a regional centre in New South Wales, with rates set by transport distance to the nearest capital and smelter network.
Steel grades and payouts in Newcastle (per kg)
Estimated yard payouts for each grade, based on the current LME spot ($0.42/kg) and Newcastle's 0.96× 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 – $0.08 |
| Light Steel Thinner sheet steel, appliance cabinets, light gauge profiles. | 12% | $0.05 | $0.04 – $0.06 |
Price history
Local Newcastle prices track the national steel series — multiply by 0.96 for Newcastle equivalents. View the full 30-day chart on the national steel page.
Steel in Newcastle
Newcastle's heavy industry legacy — steelworks, port operations, coal handling — created a robust scrap economy. The Port of Newcastle still handles bulk ferrous exports.
As a regional centre, Newcastle's steel flow comes primarily from residential renovations, local trade work, and rural property clearances. Yards in Newcastle consolidate volume for shipment to processing facilities in larger centres.
Scrap yards in Newcastle that buy steel
9 verified scrap yards in the Newcastle area. Browse all yards in Newcastle →
Frequently asked questions
What's the current price for scrap steel in Newcastle? +
Today's estimated payouts in Newcastle range from $0.05 per kilogram (light steel) up to $0.07 (heavy melting steel (hms)). Prices update daily and reflect Newcastle's 0.96× regional adjustment from the Sydney benchmark. See the grades table above for all payouts.
Where can I sell scrap steel in Newcastle? +
We're building a verified directory of Newcastle scrap yards. Until that's live, call 2-3 yards in your area before transport. Most Newcastle yards accept steel in all common grades, though smaller yards may have minimum weight requirements. For larger loads, also consider yards in Sydney.
Why does Newcastle pay 4% less than Sydney for steel? +
Transport cost. Steel sold in Newcastle eventually travels to a smelter or export port — typically via Sydney — and yards price the freight cost into their offer. The 0.96× regional adjustment models this transport drag based on observed yard rates and distance to processing facilities.
How is steel graded at Newcastle yards? +
Newcastle 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 I need ID to sell steel at a Newcastle yard? +
Yes for any non-ferrous scrap. New South Wales legislation requires yards to record seller ID on regulated transactions to deter metal theft. Bring a driver's licence or other photo ID. Cash payments above certain thresholds may require additional documentation.
Is it worth driving from Newcastle to a bigger city for higher steel rates? +
Generally no, unless you have a very large load. Fuel costs from Newcastle to Sydney 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 0.96× rate.