Every kilo we buy is priced by one published formula:
This week’s reference index — week of 1 September 2026
Published weekly. The reference index is the market base the formula starts from — it is not a buy price. Your buy ₱/kg applies your material’s grade factor and the logistics and handling lines shown on your account documents.
| Metal family | LME official settlement (USD/tonne, 1 Sep 2026) | Reference base (₱/kg) |
|---|---|---|
| Copper | 14,395.50 | 897.69 |
| Aluminium | 3,261.00 | 203.35 |
| Nickel (stainless driver) | 16,350.00 | 1,019.57 |
| Zinc | 4,115.00 | 256.61 |
| Lead | 1,874.00 | 116.86 |
| Ferrous (steel scrap) | Reference feed being finalized — publishes from an upcoming revision | |
Sources: London Metal Exchange official settlement prices of 1 September 2026 (via Westmetall market data), converted at the Bangko Sentral ng Pilipinas reference exchange rate of ₱62.3590 per US dollar (2 September 2026). Computation: USD/tonne × ₱/USD ÷ 1,000. Reference bases are per kilogram, before grade factors and deductions.
Update log
- Week of 1 September 2026 — first published reference sheet: copper ₱897.69/kg · aluminium ₱203.35/kg · nickel ₱1,019.57/kg · zinc ₱256.61/kg · lead ₱116.86/kg (LME 1 Sep · BSP ₱62.3590).
The reference index tracks the market price for each metal family. The grade factor adjusts for the specific grade and condition of your material (clean segregated copper commands a higher factor than mixed copper wire; structural steel a higher factor than light mixed scrap). Logistics reflects distance and access at your site; handling reflects cutting, sorting or destruction work required. All four numbers appear on your account documents.
Why a formula instead of “best price, tawad pa”?
Because a negotiated price is an event, and events can’t be audited — a formula is a policy, and policies can. When the market moves, your price moves with the index, not with a gate negotiation you have to re-win every pickup. Procurement files the formula once; finance reconciles tickets against it; nobody’s margin depends on your representative’s haggling stamina that morning. Informal buyers resist this level of disclosure for a simple reason: opacity is where their margin lives. Ours doesn’t — it lives in running trucks full and yards disciplined.
What about “presyo ng bakal ngayon” and junk shop price lists?
Two honest notes. First: if you searched “presyo ng bakal,” check whether you meant new rebar prices for construction — that’s a different market entirely; this page is about scrap. Second: junk-shop per-kilo price lists on social media serve walk-in consumers. We buy from companies and institutions only, so our numbers are account prices under the formula — if you’re a household seller, our para-sa-bahay page points you to the right venues.
How do quantity differentials work?
Larger consolidated volumes earn better formula terms because they cost us less per kilo to collect — that differential is disclosed in your agreement, not discovered in a renegotiation. Contract accounts also see the revision calendar: the reference updates weekly, and your tickets always cite the reference date they were priced against.
Can we verify the weighing that the price is applied to?
Yes — that’s the other half of honest pricing. Calibrated scales, dual-custody weighing, your witness present or CCTV clip provided, 0.5% variance tolerance with audits when exceeded. Price × weight is only as honest as its weakest factor; we publish the price and prove the weight.
Ready to put your scrap on paper?
Tell us what you have — an Account Officer calls back within 4 working hours.
Or call our second line: 0921 336 9791
Inquiry acknowledged ≤ 1 h · AO callback ≤ 4 h (office hours, Mon–Sat)