With the demand for copper on the rise, it makes sense to produce your copper and get the price for it in today’s market.
What is Copper?
Copper is one of the most prized metals for recycling because there are lots of functional items that can be made from it. It’s an excellent conductor of electricity, and so is widely used for electrical wiring and hot water pipes in homes. Scrap copper comes in many different forms, from old copper plumbing pipes and copper tubing to copper water tanks and copper sheeting. Most garages have a jumble of parts including old car engines, frames, and skateboards, among others. Copper is one of those metals that many people don’t take notice of, and end up throwing it away. The price you’ll get for your copper will vary depending on the type and grade of the material you have.
You could probably think about common household goods that fall into this category such as kettles and vases but miss out on one common element. The wire is widely used, and you probably have several of them lying on your backyard. Think of old computer plugs and old extension wires. Find out how to quickly turn your scrap copper into cash and where to sell it.
What is Copper Wire Recycling?
Copper recycling is an industrial process that involves the recovery and processing of metal from scrap products to introduce the end products as raw materials. Recycling produces new products while releasing a lower carbon footprint. The least abundant metal to exist in nature is copper, which makes it highly valuable to recyclers. This is why scrap copper value is often high.
Today, many recyclers buy copper wire at the market price. When in the form of its alloys, copper wire can be easily recycled multiple times without losing its quality. The process of copper wire recycling often reduces energy output and emissions when compared to smelting, milling, and mining.
Copper metal recycling is about having the metal inspected and graded before getting to the recycling unit. It is melted and can at some point be purified and refined while in its molten state. The purity level of the copper is inspected, and chemical analysis is taken for it to be cast into the right shape for processing. The alloy must be segregated to ensure the alloying elements and the content of its impurities are recorded.
The Scrap Value of Copper
Copper has for over 10,000 years been used and recycled by civilised countries. Scrap metal collectors prize copper highly because it does not degrade during recycling. Nonferrous metal is a good conductor of electricity. Its thermal conductivity makes it one of the most demanded metals in the industry.
Copper value is known to fluctuate and is influenced by various factors. The value is many times affected by the price of pure metals, the supply and demand, and the cost of production. The scrap value of copper just like anything else on the market is subject to change. The scrap metal is purchased at a price per ton or price per kg.
Where to Recycle Copper?
First, understand that you will hardly find copper in its purest form. Many times, it is contaminated with other materials. There are many places for copper metal recycling, but your best bet is a scrap yard. You will not have trouble finding a scrapyard near you.
These places buy copper at reasonable prices when appropriately delivered. Although recycling copper wire for money is a great idea, conduct proper research on potential yards since they all pay differently. Being an international commodity, its prices will vary depending on how the world’s supply fares. Once you know where to sell copper, you could start a small metal cleaning service.
How to Sell Copper at a Scrap Yard?
Entrepreneurs looking for the best place to sell copper only need modest investment. Those with a substantial capital could consider acquiring an asset-based entity. Understanding how to price your copper is vital to success. First, get up to speed with the technical terms used and copper selling price, then create a business plan. Also, develop relationships with local scrap dealers. You may need to seek advice from a valuation expert with experience in the copper sector.
Today, copper is a more lucrative commodity than any other type of scrap metal. If you have access to copper wire, consider turning it into profits. Partnering with a good distributor in handling copper wire pollutants that would otherwise decompose and harm water bodies and the environment is a way of expediting job site clean-up and reducing waste.
Who buys Scrap Copper?
Selling your scrap copper to a reputable scrap metal yard, not only ensures you get the best price but that your copper is recycled in an environmentally friendly way. Most metal recyclers buy all forms of scrap copper solids (tubing, wiring and sheeting, etc.), non-solids (copper chips and dust, etc.) and breakage (old motors, transformers, etc.)
Why Metal Biz?
Fast, easy & convenient.
Selling your scrap copper to us is fast, easy and convenient. With three locations around Brisbane, and accurate weighbridge and platform scale Metal Biz is a hassle-free way to sell your scrap copper. Our weighbridge and platforms scales are regularly checked by the Council for accuracy so you can have peace of mind that you’ll receive a fair price.
We provide onsite bins for regular removal, pickup or self-drop off.
You’ll receive a competitive market price for your scrap copper when you sell it to Metal Biz. We have onsite bins so you can bring your scrap copper directly to one of our convenient locations in Brisbane: Rocklea Weighbridge Branch (Southwest Brisbane), Slacks Creek Branch (South Brisbane) or Geebung Weighbridge Branch (North Brisbane).
We also provide a free one-off pick up service or regularly scheduled removal service for commercial and industrial sites. Our bins range from a capacity of 1.7M³ to 30M³ depending on your requirements.
Contact Metal Biz today to find out more about our competitive market prices for scrap copper, or give us a call on 1300 72 72 72.