No, JK is prohibited from paying cash for scrap under Victorian law. However, we are able to provide payment for scrap metal via EFT or cheque. We buy all forms of ferrous (steel) and non-ferrous scrap. We will pay for any quantity of non-ferrous scrap, but you must have at least 500kgs of steel scrap to receive payment.
The fastest and most convenient way for you to receive payment is via EFT. Just remember to bring your banking details with you (BSB and account number) and we will put the funds in your account. Most people will receive the funds in their account the same day.
Yes – JK Recycling will collect your scrap metal from your home or factory. Depending on the quantity and type of scrap to be collected there may be a charge. Call us for more details.
Scrap metal prices can be volatile and change constantly. There are also many different grades of scrap and this makes it difficult for us to quote prices without sighting the material. Call us to get an indication of the current price or, better still, bring your material down to our yard.
Our business hours are:
Monday to Thursday 7:30am – 4:30pm
Friday 7:30am – 4pm
Saturday 9am – 1pm
No you do not need to be a business or have an ABN to deal with JK Recycling. However, if the scrap you are selling is from a business or you are conducting a business collecting and selling scrap you will need to provide us with an ABN or we must withhold 46.5% from your payment and remit it to the Tax Office. If you can demonstrate that your scrap is non-commercial then we are able to buy scrap from you within limits defined by the Tax Office.
Scrap metal is one of the most recyclable products in the world. By recycling you are helping to reduce the amount of mining, water use, greenhouse gas emissions and energy consumption required to produce new metal. That’s great for the environment and great for your wallet!
At JK’s we sort the scrap into appropriate grades, remove various impurities (like stripping the insulation from copper cable) and prepare the scrap for transporting (by baling it for instance). We then sell the scrap to foundries who melt it down to create new products, to electric arc furnaces (who produce new steel) or to specialist scrap processors.