What About Price Influencing Factors of Copper Scrap?
With the ever-increasing conscious of environment protection, resource saving is becoming a hot topic these days. Recycling of metal is also the same. So copper recycling, one of the most popular used and especially valuable metal, is becoming more and more necessary and important. For copper scrap collectors, knowing the factors influencing copper scrap is necessary.
Type of copper scrap. Because there are many different kind of copper, value of them may be different. So is the copper scrap. For example, scrap copper No.1 consists of uncoated, clean, unalloyed copper and can include punchings, clippings, bus bars, pipe, wire over 1/16’ thick with no burnt or brittle wire and commutator segments. So it brings the highest price for recycled copper.
Location. We know that request and demand is a very important factors in market economy. So where there is most competition, the price of scrap copper will be the highest. So, rural areas, areas far away from refineries, areas too far inland, etc will rarely have better pricing than those places where scrap yards can both fight for customers and haggle with refineries
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