Melbourne Scrap Metal Prices - Australia

Melbourne is the capital city of the Australian state of Victoria, and the second-most populous city in Australia with a population of over 5 million. That is almost 20% of the population of Australia.

Melbourne has a long history in the metal business as many people flocked there during the gold-rush that captivated Victoria in the 19th century. When the gold rush was over the city kept growing and gold mining started to become a big industry. This in turn spurred a growth in manufacturing and other industries.

Over the last 50 years the population of Melbourne has kept on growing and it's economy with it. Largely unfazed by the world-wide financial crisis, it has always been a steady place to find employment and it keeps attracting new people. Construction therefore remains strong and this drives a huge need for source materials - metals included.

Scrap metal is therefore a good opportunity in the greater Melbourne area and you can make a good living with it. Before you do, make sure you inform yourself well around the rules and regulations as Victoria is well regulated.

A few key things to know are that you will not be able to get cash for your scrap metal. The yard will pay you differently (with a cheque for example). Furthermore they will log details about the transaction and will need to see your identification. If you're scrapping a vehicle (or vehicle parts) then the vehicle ID must be on there.