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I havent checked the prices lately but, about a month ago, i took a couple loads of iron into my yard. About 600 pounds just in rotors. Iron prices were the same for me as they have been over the past year. I asked about copper and it was all the way down to $2.55/pound and thats for #1. The last time i took a load of copper in, it was still over $3. Anyone else getting hit hard like this?
$2.40 now, been under $3 for 6 months here
Everything went down for me in the last month or two. Someone posted on here that #2 insulated only brought them around .60 a lb.
I was told my yard not to sell any copper till spring . Surprisingly aluminum has increased a few cents per lb with a additional .05 c a # for loads over 100 #
I was thinking about holding onto mine until spring as well. I need the money but not bad enough to give it up for $0.50 less per #Quote:
Originally Posted by Metalbestos
I'm getting around 2.60 for bare bright, but i buy my copper based on current market price, so i pay less. Hoping prices hold or improve like everyone else..
#1 is only .10 more than #2 for me, lame. I liked it when I got $3/lb for #1. Maybe it's just the yard I used. Got $3/lb at a different yard a couple years ago.
Earlier in the year, i was getting close to $3.40. I noticed it was slowly going down but i never expected it to drop like this thoughQuote:
Originally Posted by Soobthang
$2.47 Clean copper and #2 Insulated Copper Wire was $0.70 yesterday. The yard is expecting a "drastic drop" the first of the week (in ferrous at least).
$3.40/lb seems obscenely high consider copper comex futures havent been up to 3.40/lb over the past year. Comex is what the refinery makes at the end of the purification process. For you to get a prices higher than everyone else in the supply chain seems suspicious. An old scale to trick is to pay more per pound but take weight. be carefulQuote:
Originally Posted by Lurch
when gasoline prices go down so do all the metal prices...gotta take the good with the bad
As of today Dec 1, #2 copper is down to $2.23/pound in the Milwaukee area. :(
Just went today and #2 copper is 2.35 a lb where I'm at in Northern Indiana. Copper bearing motors are at .15 a lb