Saturday, June 1, 2013

Scrap Copper On A Price Rollercoaster

This past month copper went from 'in-demand' to 'every buyer ran away'. This past week Bright/Shiny went back to $3.10 lb. from it's "collapse" to $2.90 lb. two weeks ago. That small drop did not justify the panic than ensued.

When I started in scrap metal 19 years ago I used to get $0.70 lb. for Bright/Shiny. When it hit $1.00 lb. we thought that was incredible. So how about a little perspective.

Marc R. Azous
Recycling Consultant, LLC.
www.RecyclingConsultant.com 

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