Aluminum is one of the most widely used metals in the world due to its unique properties, such as being lightweight, corrosion-resistant, and highly conductive. It is commonly used in various industries, including transportation, packaging, construction, and electronics. Because of its widespread use, scrap aluminum has become a valuable commodity in the recycling industry. In this article, we'll take a look at the current price of scrap aluminum in Canada and provide a breakdown of prices by the top 10 cities in the country.
Current Scrap Aluminum Prices Per Pound in Canada
As of April 2023, the current price of scrap aluminum in Canada is approximately $0.85 CAD per pound. This price is subject to change based on market fluctuations, supply and demand, and other factors. It's important to note that the price of scrap aluminum can vary depending on the type of aluminum being recycled, the purity of the material, and the location where the recycling takes place.
Top 10 Cities for Scrap Aluminum Recycling in Canada
Toronto, Ontario - Toronto is the largest city in Canada and has a robust recycling industry, including aluminum. The price of scrap aluminum in Toronto is currently around $0.85 CAD per pound.
Vancouver, British Columbia - Vancouver is one of the most populous cities in Canada and is a hub for various industries, including transportation and construction. The current price of scrap aluminum in Vancouver is around $0.85 CAD per pound.
Montreal, Quebec - Montreal is the second-largest city in Canada and has a thriving recycling industry. The current price of scrap aluminum in Montreal is around $0.85 CAD per pound.
Calgary, Alberta - Calgary is located in the western part of Canada and is known for its oil and gas industry. The current price of scrap aluminum in Calgary is around $0.85 CAD per pound.
Edmonton, Alberta - Edmonton is the capital of Alberta and has a diverse economy, including manufacturing and transportation. The current price of scrap aluminum in Edmonton is around $0.85 CAD per pound.
Ottawa, Ontario - Ottawa is the capital of Canada and has a significant recycling industry. The current price of scrap aluminum in Ottawa is around $0.85 CAD per pound.
Winnipeg, Manitoba - Winnipeg is located in central Canada and has a growing manufacturing industry. The current price of scrap aluminum in Winnipeg is around $0.85 CAD per pound.
Halifax, Nova Scotia - Halifax is a major port city in eastern Canada and has a strong recycling industry. The current price of scrap aluminum in Halifax is around $0.85 CAD per pound.
Saskatoon, Saskatchewan - Saskatoon is located in the central part of Canada and has a thriving mining industry. The current price of scrap aluminum in Saskatoon is around $0.85 CAD per pound.
Regina, Saskatchewan - Regina is the capital of Saskatchewan and has a diverse economy, including agriculture and mining. The current price of scrap aluminum in Regina is around $0.85 CAD per pound.
Conclusion
Scrap aluminum is a valuable commodity in Canada's recycling industry, and its price can vary depending on several factors. As of April 2023, the current price of scrap aluminum in Canada is around $0.85 CAD per pound. If you're looking to recycle scrap aluminum, it's essential to research the current market conditions and find a reputable recycling center near you. Remember, recycling aluminum not only benefits the environment but can also be a profitable endeavor.
