What is #1 copper worth today?
$3.62 / LB
Copper
| Copper Updated: May 26, 2021 @ 1:00 pm | ||
|---|---|---|
| House Wire | $1.09 / LB | |
| Bare Bright | $3.65 | / LB |
| #1 Copper | $3.62 | / LB |
| #2 Copper | $3.31 | / LB |
What is the price of scrap #1 copper?
Copper
| Copper | Price/lb. |
|---|---|
| #1 Tubing (clean tube/ clean fine wire) | $3.75 |
| #2 Tubing (paint/solder/burnt wire) | $3.25 |
| Tin Plated (wire/bus) | $3.25 |
| Enamel Coated (wire/bus) | $3.25 |
What is the difference between #1 and #2 scrap copper?
Scrap Copper Tubing #2 Scrap copper #2 tubing is different than copper number one tubing in a many ways. The most noticeable difference between the two classifications of scrap copper is that copper #2 tubing does not have a shiny look to it.
What is #1 insulated copper?
#1 insulated copper wire consists of wire or cable that is clean, unalloyed, uncoated or untinned. It needs to be plastic insulated, or a gauge thickness of 16 or larger, all ends being cut off, insulation does not need to be stripped.
What is the difference between bare bright copper and #1 copper?
Bare bright copper wire is defined as clean, bare, uncoated, unalloyed copper wire, not smaller than No. 16 gauge wire. Bare bright also should be free of copper tubing, burnt copper wire and nonmetallics. 1 copper consists of clean, untinned, uncoated, unalloyed copper wire and cable, not smaller than No.
Do you get more money if you strip copper wire?
If you chose to strip it, you will end up with 90 pounds of copper don’t forget 10 pounds in plastic waste and in today’s market you will get $1.90 per pound for stripped copper wire so your 90 pounds will net you $171.00 difference of $21.00 between stripping it or selling the way it is, just want to mention one thing …
What is the price of #1 insulated copper wire?
No. 1 Insulated Copper Wire Scrap Price
| Region | Price |
|---|---|
| North America | $ 1.51 per Lb |
| Europe | $ 1,900 per tonne |
| China, Asia | CNY 25,000 per MT |
Will copper prices go down in 2022?
The cash copper contract on the London Metal Exchange (LME) is expected to average $9,000 a tonne in 2022, a median forecast of 29 analysts showed, down 10% from Tuesday’s official price. The global nickel market is forecast to flip from a 62,000-tonne deficit in 2021 to a 78,000-tonne surplus next year.
What does #1 copper look like?
#1 copper is the second most profitable type to trade in. To be classified as #1, the copper should be comprised of bus bars, clippings, commutator segments and wire of at least 1/16th of an inch in diameter. It should also be clean in appearance, unalloyed and uncoated.
What is scrap used for?
Scrap is an item in the game and can be seen as a form of currency. It is vitally important in researching, crafting, and repairing, and is also used to make the Salvaged Hammer. Scrap can be used to purchase weapons, tools, armor and other valuable items from the Bandit Camp and Scientist Compound (Outpost).
What to do with scrap?
With a little imagination, that scrap could be your next treasure. Use your leftover scrap wood for small projects like planters, bowls, pens, or bud vases. Create beautiful segmented pieces by piecing together many scrap to make a uniquely patterned cutting board, bowl, or art piece.
What does scrap do?
Scrap is the currency resource, used with the Trade Platform, to obtain other resources . The ratio of scrap to resource varies on the rarity of the resource being traded for. Alternatively, Scrap may also be researched for 275 Bytes at the Research Chamber . Scrap can also be used to print event items for the Project CHEER Delivery LTE .