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  1. #1
    Ace started this thread.
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    What is everyone getting for Copper?

    Took some bright and #2 in today and was surprised on the price. $3.45 for bright and 3.05 for #2. Thought that was good prices. Got .65 for cans and .60 for aluminum sheet. Not sure if the sheet price was good or not. Was happy with the aluminum can price. Only had 65 lbs of cans.



  2. #2
    Mick's Avatar
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    Those seem pretty good. Was that Aluminum Sheet or Extrusion? Especially considering LME (London Metal Exchange) prices yesterday for copper was around $3.78 and Aluminum was around $1.01. Where (ie: state) are you?
    People may laugh at me, but that's ok. I laugh all the way to the bank.

  3. #3
    Ace started this thread.
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    I'm in Indiana. It was Extrusion. Well it was a mix of things. Hard drives, various computer parts like heatsinks.

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    I am still getting $3.00 for #1 and $2.75 for #2 copper.
    This is in Joplin, MO
    Need to hold for a few months and see how the prices do.

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    Mick's Avatar
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    I got all excited (not really - just curious) this morning, so stopped by the yard and got a price sheet. #1 Copper is $2.65; #2 Copper is $2.55; Alum cans are 0.15; Alum Sheet 0.40; Extrusion is 0.60. Prices haven't moved in a month and don't expect them to till next Spring - around March. I guess I'll keep stockpiling.

  6. #6
    Ace started this thread.
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    Wow. I'm surprised on the price diff. Why is Maine so much lower. .15 for alum cans that seems REALLY low. You need to move...just kidding.

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    Mick's Avatar
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    Probably the same reason as why everything else up here is higher - transportation costs. The main problem is that whether you're hauling in or out, there's no "backhaul". Whether it's truck or rail. We're kind of stuck up here away from the rest of the US.

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    Yeah, I've also never heard of alum cans being that low. BTW I was looking through some magazines at the store and on the cover of Bloomberg magazine is a story about copper theft in America. Pretty good article about detectives going under cover to scrap yards. One thing that caught my eye was that copper is expected to go up to over $5/lb. sometime in 2011, not scrap price but COMEX index price.

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    As of a week ago, copper was going for $2.80 for #1 in Broome County, NY. This is pretty low considering copper was WELL above $3 a year ago. Aluminum is low too. I brought in 87 pounds of extremely dirty aluminum and only got about $7. I didn't do the math, but I know that's pretty low, even for dirty stuff. I'm hoarding everything for now until spring.

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    In kansas City #1 2.95 and #2 2.85 for insulated #2 copper it is 1.15 per lb. Aluminum sheet .55 per pound aluminum cans are .50 cast aluminum .45 per pound

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  12. #11
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    At my yard we only get .40 for insulated copper. .40 for aluminum and $2.55 for copper 2. Not sure about copper 1 but a good estimate would be $2.65. Brass is still holding at $1.05.

    This is LaSalle County Illinois

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    If I could get a large pile of insulated copper, I'd be happy to strip that all winter. Seems a person could advertise (craigslist, paper, word of mouth) that they buy insulated copper, and pay them going rate or even a bit more. Does any one do this?

    I guess the sticky part I'd wonder about is weighing it. Seems the powers that be are pretty strict on anything bought/sold by weight. So I'd need an accurate scale.

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    Mick's Avatar
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    Quote Originally Posted by IdahoScrapper View Post
    If I could get a large pile of insulated copper, I'd be happy to strip that all winter. Seems a person could advertise (craigslist, paper, word of mouth) that they buy insulated copper, and pay them going rate or even a bit more. Does any one do this?

    I guess the sticky part I'd wonder about is weighing it. Seems the powers that be are pretty strict on anything bought/sold by weight. So I'd need an accurate scale.
    I advertise on CL or use to, anyway. Spent most of last winter stripping construction (220) wiring. I buy by the pound and this is how I get around the Weights and Measures guys ("just in case" as most people don't care). I carry a bathroom scale in the truck and have a hospital scale in the garage. I tell people that I'm weighing the stuff strictly for my benefit, but they're welcome to watch. "Technically, I'll be offering you a set amount for the pile." Then I weigh stuff and have set amounts for some things, like batteries, radiators, alternators, stoves etc. Then add everything up (out loud, but "to myself") and tell the person "I'll give you $xxx for this stuff".

    Remember to discount for the insulation on wiring.

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    Quote Originally Posted by IdahoScrapper View Post
    If I could get a large pile of insulated copper, I'd be happy to strip that all winter. Seems a person could advertise (craigslist, paper, word of mouth) that they buy insulated copper, and pay them going rate or even a bit more. Does any one do this?
    Be careful about that.... Next thing you know, the price of copper will have fallen 10% and you will be lucky to break even. (I don't see that happening any time soon, but I'm just trying to point out the risk.)

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    Quote Originally Posted by TheIrrationalist View Post
    Be careful about that.... Next thing you know, the price of copper will have fallen 10% and you will be lucky to break even. (I don't see that happening any time soon, but I'm just trying to point out the risk.)
    Not too worried about that. Difference on insulated versus #1 is 2.20

    If it did fall, I'd just sit on it.

  17. #16
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    Quote Originally Posted by Mick View Post
    I advertise on CL or use to, anyway. Spent most of last winter stripping construction (220) wiring. I buy by the pound and this is how I get around the Weights and Measures guys ("just in case" as most people don't care). I carry a bathroom scale in the truck and have a hospital scale in the garage. I tell people that I'm weighing the stuff strictly for my benefit, but they're welcome to watch. "Technically, I'll be offering you a set amount for the pile." Then I weigh stuff and have set amounts for some things, like batteries, radiators, alternators, stoves etc. Then add everything up (out loud, but "to myself") and tell the person "I'll give you $xxx for this stuff".

    Remember to discount for the insulation on wiring.

    I doubt many would care how I weigh it, but it takes just one to gum up the works and cause problems and headaches.

    Do you not advertise for wire any more?

    Definitely discount for the insulation. That's my only reason for wanting to buy it, since it's another 2.20 stripped. Ever bought bare from someone? I would offer to buy that too, but I couldn't compete with the yards, so the seller might as well take it in themselves.

    Speaking of wire, saw a small pile of it at the landfill. Thought about grabbing it up, but the dozer guy was waiting for me to leave, and they state no salvaging, though that didn't stop me about 5 years ago from asking and getting permission to get a Coca Cola display cooler from the scrap pile. No surprise, it didn't work. Filled it with ice and bottled drinks to use at BBQ's, then sold it for $100 a few years later.

    Man, to be a landfill operator, I bet one sees a ton of scrap every single day. They have a metal pile and it puzzles me. Not sure if it's stuff they pull from the general dumping, or if people really drive all the way out there to dump it..and to do so, one must drive past several scrap yards.
    Last edited by IdahoScrapper; 12-01-2010 at 10:48 PM.

  18. #17
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    Quote Originally Posted by IdahoScrapper View Post
    Do you not advertise for wire any more?

    Ever bought bare from someone? I would offer to buy that too, but I couldn't compete with the yards, so the seller might as well take it in themselves.

    Man, to be a landfill operator, I bet one sees a ton of scrap every single day. They have a metal pile and it puzzles me. Not sure if it's stuff they pull from the general dumping, or if people really drive all the way out there to dump it..and to do so, one must drive past several scrap yards.
    I've stopped advertising as much as I use to. One, I have a route of regular customers - like body shops and repair garages. Going for single pickups aren't as profitable. I also have regulars who drop stuff off at my place on an irregular basis. I'm in a fairly rural area and taking their own stuff in isn't an option. One guy actually lives right by the scrap yard, but just prefers bringing his stuff 25 miles and trading me for stuff I've picked up. Yes, I've bought bare wire. I don't need to compete with the yards (in fact, a lot of the stuff is given to me free). re: Landfill operators - both. They then haul the stuff to the scrap yard. I once bought some golf cart batteries from a guy who'd brought them to the landfill but for legal reasons, we had to drive off landfill property to make the transaction.
    Last edited by Mick; 12-02-2010 at 12:43 AM.

  19. #18
    Ace started this thread.
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    My father in law is an electrician, but he nevers strip's his wire. SO I started stripping it for him and we would split the difference. I just wish he would be a good guy and give it to me...but that isn't going to happen. Thinking out loud here, I wonder if electricians would go for that? Most of the shops I know do not prepare there scrap because they have so much of it. Maybe offering to strip it and take it in, give them a little more then insulated, would intice them to give there wire or unprepared copper tubes, motor's..etc. Does anyone else do anything like that?

  20. #19
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    Offer him a third or half the rate for Insulated Copper for the full weight. Then strip it and sell as #1. With prices rising the way they are, you'll come out ahead instead of giving him half the stripped rate. If he doesn't go for it, haul some in Insulated. Then next time ask him if you can just give his share before you take it in. Then strip it.

  21. #20
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    The guys I sell to are paying 2.80 for#1 - 2.65 for #2.
    Brass is going for 1.60
    insulated wire 1.60


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