Results 1 to 4 of 4
  1. #1
    590nm started this thread.
    SMF Badges of Honor

    Member since
    Jan 2017
    Posts
    4
    Thanks
    0
    Thanked 1 Time in 1 Post

    Buying scrap copper by the tonne off sites like Alibaba etc?

    Browsing through scrap listings on sites like Alibaba got me wondering if anyone has tried buying a container of insulated copper scrap, having it shipped to North America and stripping & selling to their local yard. After doing some calculations in theory a person could make some decent money but I have a feeling it's not that simple. First off I imagine the quality of wire you receive is going to vary widely, possibly ending up with a **** load of wire that's extremely difficult to strip.



    Anyone hear of anyone doing this?


  2. #2
    mikeinreco's Avatar
    SMF Badges of Honor


    Member since
    Dec 2011
    Location
    TENNESSEE
    Posts
    4,985
    Thanks
    1,257
    Thanked 5,023 Times in 2,351 Posts
    My opinion on this is nothing ventured nothing gained......Go ahead and purchase a container and please post results here with detailed spreadsheet and pictures......Please and thank you

  3. The Following 4 Users say Thank You for This Post by mikeinreco:


  4. #3
    RLS0812's Avatar
    SMF Badges of Honor

    Member since
    Feb 2014
    Location
    Bucks County Pennsylvania
    Posts
    895
    Thanks
    155
    Thanked 633 Times in 358 Posts
    There are import taxes on anything values over $600 ... current rates can be found HERE
    Shipping across the ocean is a whole 'nother issue. You may need to hire a specialized firm that can deal with all the paperwork for you.

    Edit: HERE is a decent guide on the process in importing.
    Last edited by RLS0812; 10-06-2018 at 03:26 PM.

  5. #4
    sathyashrayan's Avatar
    SMF Badges of Honor

    Member since
    Jul 2018
    Location
    Chennai
    Posts
    22
    Thanks
    14
    Thanked 31 Times in 13 Posts
    I was actively looking for bulk aluminium scrap Import into India. I tried alibaba and I could receive several quotations from south-east Asian countries. Since I am from India I never went to ask for local merchants. These are my conclusions


    1)They put one price in the listing but when you receive mail you will get some other pricing which is higher
    2)If you search the company name in google you will never get the company web sites.
    3)Even if you could find the company web site they showcase something different such as oil, seed exporters
    4)You will not get any message in alibaba inbox. All contacts will be mailed to you directly.
    5)All the quotation in the mail will be identical from several company. I mean the mail format and message will be similar.
    6)If you ask for a onsite visit they will never reply or they will deny.


    My conclusion. International trade is complex thing. Its not just two parties involved. Its you, him, the banks of both countries and the country itself. If you don't know from whom you are buying then you can not sue them. If the country from where you are ordering does not have a strict law then you can not try a legal things on the exporters. Try to get the quotation and purchase from direct buyers by going to their website and asking in the mail they provided. Some sales representative will reply.

  6. The Following 7 Users say Thank You for This Post by sathyashrayan:



  7. Similar threads on the Scrap Metal Forum

    1. 1 Tonne of Copper...
      By pjost in forum Scrap Metal Videos
      Replies: 0
      Last Post: 10-11-2017, 10:34 AM
    2. This thread is a serious one - Buying Aluminum and Copper scrap metal in bulk
      By vmavani5 in forum Introduce yourself
      Replies: 2
      Last Post: 09-26-2016, 08:13 AM
    3. Buying scrap copper at low prices?
      By bigfoot in forum Scrap Metal Tips and Advice
      Replies: 2
      Last Post: 07-20-2014, 09:00 AM
    4. Buying scrap from alibaba?
      By ScraperRick in forum Scrap Metal Tips and Advice
      Replies: 7
      Last Post: 08-03-2013, 06:28 PM

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

 
Browse the Most Recent Threads
On SMF In THIS CATEGORY.





OR

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  

The Scrap Metal Forum

    The Scrap Metal Forum is the #1 scrap metal recycling community in the world. Here we talk about the scrap metal business, making money, where we connect with other scrappers, scrap yards and more.

SMF on Facebook and Twitter

Twitter Facebook