I tried that once during a winter several years ago when the copper price was sky high. It was from an independent yard and they required me to buy all their inventory at once. I've got some good stuff, but tons of crappy stuff too: tin-plated wires, sh*tty hard to remove insulation, small granulator fodder, you name it. Lots of stuff sellers didn't wanted to waste their time on. If you remove the insulation from the gross weight and calculate your labour time versus the bare bright prices, the margin is indeed low.
Buying from electricians is a good idea, but they generally know what you want has good value too and be prepared to pay the price too.
Medium and large corporations and public authorities often offer their
scrap metal in auctions to bid on. If you can get it at good price, it can be a good source. The problem is scrap yards are also probably bidding on these lots too.
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