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Scrap Copper on EBAY!

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  1. 03-27-2011, 01:29 PM #14
    sjones99
    sjones99 is offline Metal Recycling Entrepreneur
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    Quote Originally Posted by Mick View Post
    Copper closed Friday at $4.41/lb on the London Market Exchange. Not any scrap yard anywhere is getting that. A week ago, it was $4.10. The LME pricing can be used as a guide, but to say that's what they're getting is not quite accurate. If they wanted to speculate and hold a bit, they might, but they might lose, too. That's how the game is played. If you want safe assurances, go to work for wages.
    Most scrap yards go by the comex for copper price not LME...LME is used for aluminum though

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