In the market for buying scrap copper, copper is purchased at different prices; Depending on the type and amount of Copper available in the scrap. Recognizing the benefits of copper scrap, many scrap collectors have sprung up to buy recycled copper scrap. Due to this competition, the buying market of Dong is increasingly volatile.
Value of copper scrap
The buying market of scrap copper varies day by day; The value of copper scrap is determined based on its state. Depending on the type of copper, depending on the amount of impurities and impurities in the scrap will be set at a certain price. Currently purchasing scrap copper is divided into three categories.
Copper type 1 is free of contaminants, free of impurities, of pure constituents and of excellent insulation. It is copper and it is bought at the highest price.
Copper 2 is purchased at a lower price because it has contaminants such as welds, plating. If you want to raise the price of this type you should proceed to remove the substance.
Copper type 3 is the core wire, telephone wire, .. and has the lowest price.
Why copper scrap is purchased at high prices
On the common ground, scrap copper is purchased at the highest price compared to other types. Simply because it is the oldest known metal; It is used in many different areas of life. Once it becomes scrap it is recycled with constant quality intact; So the price of buying new scrap is so high.
The next reason why the price of copper scrap attractive is that it is rare in nature; Three types of copper, yellow and yellow are used in life; Especially production of machinery.
Market scrap copper scrap
It is because of the high value of copper scrap that the market buys it is very vibrant; is the type of scraps most people hunt. Because it brings in no small profit; Evidence that the purchase price of this scrap will depend on the rate of copper contained therein; Most of them are not pure copper.
But after being recycled and sold, that unit will get the full price of pure copper, the difference that brings about a lucrative profit. This has led to a growing number of scrap collectors operating across the globe, making it a money-grabbing industry.
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