copper seems to be going up , Does any one feel what happened last year is happening again ?
Metal Recycling Entrepreneur
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copper seems to be going up , Does any one feel what happened last year is happening again ?
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What's that??Does any one feel what happened last year is happening again ?
P & M Recycling - Specializing in E-Waste Recycling.
If you enjoy your freedom, thank a vet.
Experienced Scrapper
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If you are talking about record highs, then yes I'm confident it will do the same this Spring.
When the white man discovered this country Indians were running it
no taxes, no debt, women did all the work.
White man thought he could improve on a system like this. - Old Cherokee saying
I did not surrender, they took my horse and made him surrender. - Lone Watie
Experienced Scrapper
I do not see the demand for copper this year. I think that we are seeing the high's for copper this year, there may be spikes to another .25 cents. But, I think this is it.
Experienced Scrapper
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Man I hope your wrong!
Good vibes, good vibes!
Metal Recycling Entrepreneur
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I read there is a copper deficit, might be created by some conglomerate
Experienced Scrapper
Copper prices seem to be coming up sooner than I thought they would. I was anticipating that it would not come back up till March or April. Perhaps one of the few times I Love being wrong.
Hey Copper Head, How far up North are you? I am located in the Milwaukee, Wisconsin area. I just took some copper #1 Brite at $ 3.14 lb. & #1 clean $ 3.02 lb.
I am curious what everyone else is getting in thier area?
"Copper, It's like the working man's Gold"
Metal Recycling Entrepreneur
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North east Ny
we get $2.60 For #1 brite @ 500 lb
or #1 brite $2.50 low weights
#2 is $2.40 low weights
or $2.50 @ 500 lb
they pay less by me then most all other areas .
still Brite at $ 3.14 lb close to market price as i ever heard
Experienced Scrapper
Yes I know.... in fact the yard I usually go to has been paying- out equal to Iron Mikes listed market price. It's crazy I know. Wow.... I would of thought you gys on the East coast would be making more?
Experienced Scrapper
This week: Iron 200 ton - .10 pound, #2 Copper 2.50, Clean Alum .45
Experienced Scrapper
I do believe copper will continue to climb.
Experienced Scrapper
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Just run some iron in today (Saturday) 14/01/12
IRON price £100.00 Tn
and i heard the yard give a fella a price of £3.65Kilo for Bare Brite Copper
Be Lucky
Be Lucky
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Expect to see copper hit $4 by mid second quarter. As long as China starts buying again and as long as France does not file BK.
The market is ripe for it and the experts all believe it is coming. Now I just hope they are right.
Welcome back High Voltage Processing, Mike
"Profit begins when you buy NOT when you sell." {quote passed down to me from a wise man}
Now go beat the copper out of something, Miked
Metal Recycling Entrepreneur
Hey skiprat try taking it to a larger yard. Sims were paying £4.50kg for bare bright a few weeks ago and £3.90 for braziery copper(#2) light steel was $165 p/tonneOriginally Posted by skipRAT
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Thanks! Its good to be back although six weeks on a beach in Asia was nice. Coming home to 9 degree temps was not.
Metal Recycling Entrepreneur
we are starting to see a change from high volume and small profit to lower volume and higher profit. while demand for commodities has declined so has the supply side. in many cases the supply side has declined more than the demand. which means the price will go up.
many of the current copper mines need a price of $3.50/ lb or more to be profitable. as the price has declined so has their production. some have closed. it remains to be seen how many will open or increase production as the price increases.
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