Differences in Copper Scrap Wire
You can simply trade scrap copper wire at many recycling centers. The payment is determined by the total weight of copper, which has weighed, of the scrap you are trading in. There are many factors to determining how much money you are paid per pounds which is including the gauge of the wire and how much processing it has to go through before it can be melted down for reuse. If needed, recycle it for extra cash by clean it off, but you will have been worried about the weight of copper which will be decreasing the price unluckily, so you need to take note about this.
Selling old copper wire can also be profitable. However, there are many unfortunately copper wire and pipe which is being stolen from numerous job sites because the metal is so valuable, lots of contractors are forcing to strictly tighten security.
Copper as a Commodity
Wood or aluminum copper is a commodity, so there is a number of a factor which is determining the price varies of copper weight over time. For instance, the price will rise accordingly if copper is in high demand because many houses are being built. Keep an eye on the current prices if you are planning to sell scrap wire to make sure you are selling it at a high price. Find out how much they are paying per pound by simply checking with a number of recycling centers.
The thickness of the wire is a major factor in weight of copper. For example, rather than a piece from 8-gauge wire, a piece of scrap from 12-gauge wire is thinner, so a piece of the same length would weigh much less. There will also be more scrap 12-gauge wire than 8-gauge in many cases, so at the end of a project, you are more likely to have several pounds of lighter wire. There tends to be less waste because thicker wire costs more initially.
Bare copper would be ideally the wire you trade in. they have a higher price per pound because most of the processing is already completed and bare wires do not also need to be stripped from their jackets. Recycling centers are willing to pay more for scrap wires that have already been separated from their jackets because bare wires can be more easily melted down for use in other application.
Sometimes, recycling centers will buy wire that is still coated. To have the black- or white-coated wires, you should still remove the outermost jacket. Their price tends to be significantly lower per pound since these weigh of copper more than bare copper and require more processing to separate them from the jacket. So, it might be worth the extra effort if you have the time and equipment to strip the scrap wires to bare copper.