The Price Influencing Factors of Copper Scrap
☞Type of copper scrap. Because there are many different kind of copper, value of them may be different. So is the copper scrap. For example, scrap copper No.1 consists of uncoated, clean, unalloyed copper and can include punchings, clippings, bus bars, pipe, wire over 1/16’ thick with no burnt or brittle wire and commutator segments. So it brings the highest price for recycled copper.
☞Lately copper price. This requires you to pay more attention to the economic situation, politics, mine strikes, weather, speculation. We all know that China’s construction boom has shown an instable need for copper and other base metal. So it is a especially factor you need to follow. Also the ever-happened strikes by workers at the Codelco mines in Chile, the largest underground copper mines in the world, have reduced output from a major source of copper. Besides, Chile's copper mines depend heavily on hydroelectric power, and unless rains come soon, there may be power shortages as South America heads into winter.
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