Most people today know that copper is a valuable metal that is sought after by many industries, as well as scrappers, who are looking to either make a living or supplement their income. In the recycling industry, there tends to be an ebb and flow for certain types of metals over time, and copper is no exception.
In the last several years, copper recycling has become increasingly popular due to the value of this metal. It is used for a wide variety of consumer products including building materials, housewares, industrial products, and even electronics. Copper has many uses and that has created a steady demand for the material in both the foreign and domestic markets.
The domestic demand for copper has increased lately due to the decreasing demand from countries like China that have backed away from copper imports lately according to a recent article in Recycling Today. The U.S. has a steady demand for copper most notably in the construction industry which is enjoying steady growth. Industry professionals overseeing scrapping operations regionally are reporting increased copper scrap values which are sparking additional interest in recycling copper. The COMEX price is linked to the increase of obsolete copper supply lately.
An interesting point to note in relation to the current price of copper is its difference in scrap prices as opposed to the commodity exchange prices which have continued to gain in recent times according to the Institute of Scrap Recycling Industries (ISRI). Experts say that the demand for different grades of copper varies, for instance, no. 1 copper is in demand, but bare bright copper is not. In all, however, the domestic market is having a hard time keeping up with the total demand, and that is attracting scrappers all over the country to try their hand at making some extra money.
Before bringing in scrap copper to sell, individuals who are seeking to make some additional money should check the market value currently and compare it to the price the scrap yard is offering to ensure that they are getting a fair price. Most reputable recycling facilities offer a fair price, but it is wise to check ahead of time to make sure. Facilities vary across the country, but once you find one that is easy to work with and honest, you should keep doing business with them in the future.
There are recycling centers located all over the country in most small and medium-sized towns and cities. Some of these recycling centers such as Gardner Metal Recycling that offer the highest market value price for copper scrap, and looks forward to working with the citizens of the community to help do their part to supply the demand for copper in this country. Gardner Metal Recycling is located in Austin, Texas, and is one of the state’s premier metal recycling facilities. People who are interested in getting the most for their scrap copper are encouraged to take it to Gardner Metal Recycling so they can get the most money for their offerings.
Jenna Mancinni has a passion for helping people understand and learn what it means to ‘lessen their carbon footprint’. She speaks publicly to grade schools and teaches kids the benefits of recycling and the importance of the phrase “reduce, reuse, recycle”. She also enjoys putting used products into her, one of a kind, art pieces.
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- Is Scrap Copper Metal Recycling Supply Meeting Demands - March 21, 2018