What Is Current Scrap Copper Cable Value Per Pound?

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Arianna Vaccaro Profile
Arianna Vaccaro answered
Copper cable currently (April 2011) sells for 70p per pound.  The prices for metals such as these are usually estimated by the ton and insulated copper cable is currently £1400 per ton.  That, divided by 2000 (the amount of pounds in a ton) is 0.70 which is 70p.

Copper is a non-ferrous metal, which means it does not have a significant amount of iron in it to qualify as ferrous.  The word ferrous is metallurgy jargon for ‘possesses an abundance of iron’.  Brass and copper are non-ferrous metals as they have little to no iron in them.  Steel, for example is a ferrous metal as it is a compound mostly comprised of iron and carbon.

Fortunately non-ferrous metals are worth more, considerably more in fact.  Non-ferrous metals can bring anything from £1,000-£5,000 per ton whereas a ton of ferrous metal is lucky to be worth over £200 in today’s scrap metal marketplace.  Although copper cable is the lower end of the non-ferrous metals spectrum, it’s still worth many times more than that of say, steel or iron.

There are several websites dedicated to monitoring the fast-fluctuating prices of metals.  Www.letsrecycle.com has a comprehensive list of many substances, including both ferrous and non-ferrous metals.

Of course each seller will have a different price for your copper.  It all depends on the economy and the demand.  If the trader already has an abundance of copper cable, they will likely not offer as much for it.

The prices for metals change so frequently, but tend to be an average price across the whole board of the UK.  For metal in the US, prices will likely vary in every state.

For more information on metallurgy and prices of scrap metal, see www.metalprices.com/
Anonymous Profile
Anonymous answered
5-3-09 $2.11 a lb.
thanked the writer.
Anonymous
Anonymous commented
12/31/09 What for web site can I go on to get scrap copper prices in my area? Salem OHIO
Anonymous Profile
Anonymous answered
Just sold 495 lbs for $ 2.30 per lb
Anonymous Profile
Anonymous answered
Price per lb in Austin,Tx as of about a week ago is 2.50/lb for stripper copper wire.
Anonymous Profile
Anonymous answered
$3.40 a pound ($3.00 to $3.10 for scrap) as of March 26th 2010
Anonymous Profile
Anonymous answered
The price you will obtain for scrap copper depends on what grade of copper you have. Some grades of coper scrap pay higher recycling prices then others.  Please also keep in mind that the price of copper fluctuates on a daily basis.  As of Jan 18, 2009 here are some price ranges you can expect for scrap copper in your area:

No.1 Heavy Scrap Copper  1.16 to  1.31  lbs  USD  
No.2 Scrap Copper  1.02  to 1.17  lbs  USD  
Light Scrap Copper  0.87 to  1.02  lbs  USD  
  No.1 Bare Bright Copper Wire  1.19 to  1.34  lbs  USD  
No.1 Copper Wire Scrap  1.13 to  1.28  lbs  USD  
No.2 Copper Wire Scrap  1.02  to 1.17  lbs  USD  

Source: www.scrapmetalpricesandauctions.com
Anonymous Profile
Anonymous answered
There are many grades of scrap copper.  Some basic price ranges are provided below.

No.1 Heavy Scrap Copper  1.20   1.35  lbs  USD  
No.2 Scrap Copper  1.05   1.20  lbs  USD    
Light Scrap Copper  0.90   1.05  lbs  USD  
Copper Turnings  0.90   1.05  lbs  USD  
No.1 Bare Bright Copper Wire  1.23   1.38  lbs  USD  
No.1 Copper Wire Scrap  1.17   1.32  lbs  USD  
No.2 Copper Wire Scrap  1.05   1.20  lbs  USD   
No.1 Insulated Copper Wire  0.50   0.75  lbs  USD  
No.2 Insulated Copper Wire  0.30   0.45  lbs  USD  
No.3 Insulated Copper Wire  0.20   0.30  lbs  USD  

Source:  Current Copper scrap metal prices
Anonymous Profile
Anonymous answered
Copper scrap prices fluctuate on a daily basis. As of January 20, for non stripped cable expect around $1.30 per pound.  For stripped cable / bare brite copper wire you may get as much as $1.40 per lb.  Prices fluctuate on a daily basis.

Source: Scrap Metal Prices and Auctions
Anonymous Profile
Anonymous answered
What is clean and dirty scrap copper worth as in copper fittings per pound and who pays more in toronto or hamilton
Anonymous Profile
Anonymous answered
As of November 2008, the price for clean scrap copper is arund $1.00 +/- per pound. Copper pricing changes every day.

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