The current scrap buying price for Monel (Nickel-Copper Alloy) in Saudi Arabia as of April 10, 2026 is SR 24.86 per kilogram (Saudi Riyal). Prices are refreshed each trading day after LME market open.
What Is Monel (Nickel-Copper Alloy)?
Corrosion-resistant; marine and chemical plant use.
Monel (Nickel-Copper Alloy) is classified under Non-Ferrous Metals — Non-magnetic metals with high recycling value. This grade is priced at approximately 48% of the LME Nickel.
Monel (Nickel-Copper Alloy) Price in Saudi Arabia Today — April 2026
🗓️ Last updated: April 10, 2026 — refreshed daily at LME market open (08:10 London time).
Today’s indicative scrap yard buying price for Monel (Nickel-Copper Alloy) in Saudi Arabia:
| Unit | Price (Saudi Riyal) |
|---|---|
| Per kilogram (kg) | SR SR 24.86 |
| Per metric tonne | SR 24,863 |
| Per troy ounce | SR 773.31 |
These are indicative buying rates — what a scrap yard pays you. Actual prices may vary by yard, quantity, and material condition within Saudi Arabia.
Monel (Nickel-Copper Alloy) Price in Other Currencies
Today’s Monel (Nickel-Copper Alloy) scrap price across major currencies (per kg):
| Code | Currency | Price / kg |
|---|---|---|
| USD | US Dollar | $ 6.6300 /kg |
| AUD | Australian Dollar | A$ 9.4106 /kg |
| GBP | British Pound | £ 4.9418 /kg |
| EUR | Euro | € 5.6779 /kg |
| CAD | Canadian Dollar | C$ 9.1808 /kg |
| NZD | New Zealand Dollar | NZ$ 11.3786 /kg |
| SGD | Singapore Dollar | S$ 8.4474 /kg |
Use our live calculator to convert to any currency or unit instantly.
What Affects Monel (Nickel-Copper Alloy) Prices in Saudi Arabia?
- Global commodity markets: This grade is priced at approximately 48% of the LME Nickel.
- Material condition: Corrosion-resistant; marine and chemical plant use. Cleaner, better-graded material attracts higher offers.
- Local supply and demand: Construction, demolition, and manufacturing activity in Saudi Arabia directly influences what yards are willing to pay.
- Exchange rates: Since base metals are benchmarked in USD, movements in the Saudi Riyal/USD rate affect your local payout.
- Transport costs: Distance to the nearest processing facility affects the net rate offered by Saudi Arabia yards.
Tips for Selling Monel (Nickel-Copper Alloy) in Saudi Arabia
- Sort and clean your material before visiting a yard — Corrosion-resistant; marine and chemical plant use.
- Get quotes from at least two or three Saudi Arabia buyers; prices can vary 5–15% between yards.
- Check this page in the morning after LME open to confirm you are working with today’s rate.
- Bring bulk quantities where possible — larger loads typically attract better per-kg rates.
About This Price Data
The Monel (Nickel-Copper Alloy) price on this page was last updated on April 10, 2026. Prices are sourced from live LME commodity data and real-time currency exchange rates, refreshed automatically every trading day at 08:10 London time (10 minutes after the LME Ring opens). Historical prices are not stored — this page always shows the current buying rate.
Use our Scrap Price Calculator to calculate the exact value of any quantity of Monel (Nickel-Copper Alloy) in your preferred currency and unit.
Frequently Asked Questions
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