Copper Pricing Report

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Mr. Wizard

Mr. Wizard

Senior Member
Location
Texas
The price of copper seems to fluctuate with the price of gasoline - they both go up together and down together. Here in Cen-Tex it has gone down around 5% from what it has been (retail at the local supply house), but the cost the recyclers are paying for bare bright is around $2.65/lb.
 
mivey

mivey

Senior Member
Mr. Wizard said:
The price of copper seems to fluctuate with the price of gasoline - they both go up together and down together. Here in Cen-Tex it has gone down around 5% from what it has been (retail at the local supply house), but the cost the recyclers are paying for bare bright is around $2.65/lb.
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According to American Recycler, October copper in zone #5 is $2.65 for #1 and $2.54 for #2 (zone 5 - southeast).
Zone #4 - north east: $2.65 & $2.58
Zone #3 - mid south: $2.63 & $2.55
Zone #2 - mid north: $2.29 & 2.14
Zone #1 - west: $2.50 & $2.39

Aluminum cans are $0.64, $0.60, $0.52, $0.49, $0.48 in zones 5,4,3,2,1.

Copper theft tends to follow the copper price. GA is making it tougher on copper thieves: >$500 is a felony, sellers must sign documentation and the recyclers must copy their ID, record their name & address, vehicle & tag info, and recyclers can't pay cash within 24 hours, and can't make transactions for nonferrous metals between 9PM and 6AM. Recyclers must keep each transaction record for a minimum of 2 years.

Officers can put a hold on suspect materials for up to 45 days while it is being investigated.

Various organizations are also offering rewards. Good record keeping and documentation of theft helps with the convictions. There are also some new ways being developed to identify cable, such as markings that will show up under special lighting.
 
Mr. Wizard

Mr. Wizard

Senior Member
Location
Texas
mivey said:
According to American Recycler, October copper in zone #5 is $2.65 for #1 and $2.54 for #2 (zone 5 - southeast).
Zone #4 - north east: $2.65 & $2.58
Zone #3 - mid south: $2.63 & $2.55
Zone #2 - mid north: $2.29 & 2.14
Zone #1 - west: $2.50 & $2.39

Aluminum cans are $0.64, $0.60, $0.52, $0.49, $0.48 in zones 5,4,3,2,1.

Copper theft tends to follow the copper price. GA is making it tougher on copper thieves: >$500 is a felony, sellers must sign documentation and the recyclers must copy their ID, record their name & address, vehicle & tag info, and recyclers can't pay cash within 24 hours, and can't make transactions for nonferrous metals between 9PM and 6AM. Recyclers must keep each transaction record for a minimum of 2 years.

Officers can put a hold on suspect materials for up to 45 days while it is being investigated.

Various organizations are also offering rewards. Good record keeping and documentation of theft helps with the convictions. There are also some new ways being developed to identify cable, such as markings that will show up under special lighting.
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It's been like that for awhile now here. It doesn't seem to deter the theives :mad: I haven't been hit yet :roll: but sooner or later...
 
iMuse97

iMuse97

Senior Member
Location
Chicagoland
Mr. Wizard said:
It's been like that for awhile now here. It doesn't seem to deter the theives :mad: I haven't been hit yet :roll: but sooner or later...
Click to expand...

It's supposed to be like that here also, but there are still places that seem to keep no records and do pay cash on the barrelhead, I mean, on the millbright.
 
ceb58

ceb58

Senior Member
Location
Raeford, NC
The yard I sell my scrap to requires your drivers license and takes your photo before paying out. On another note some thieves were caught steeling copper from one of our communication sites a few weeks ago. They were held by the local LEO until the feds. could get there. Bottom line boys and girls. If you break into a NCSHP tower site it then gets turned over to Homeland security. And the outcome wont be a good one for you:D
 
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