How much is scrap electrical wire worth?

For 12-gauge wire average price is a $1.30 per lb. the way it is with insulation, that would translate in to $130.00 for your 100lbs of 12-gauge wire, without stripping it.

How much is scrap wire worth?

Copper

Copper Updated: May 26, 2021 @ 1:00 pm
#1 80% Cable $2.69 / LB
#2 80% Cable $2.56 / LB
Alum BX $1.26 / LB
House Wire $1.09 / LB

Is it worth stripping wire for scrap?

So is stripping copper wire worth it? Yes, absolutely if you have a wire stripper. If not, then sometimes, but most likely only if you have wires you’re sure have a high copper recovery rate.

Are copper wires worth anything?

If it can be stripped, strip it to make more money! Copper wire is worth nearly 3 times at the scale when it’s stripped. The more wire you have the higher a price you will get! … Weigh your scrap copper wire before you call the scrap yard.

Can you sell burnt copper wire?

If someone should catch you burning insulated wire, they can report you for a reward. … Say for example that #1 copper scrap is worth 2.60 per pound, scrap insulated wire is worth $1.20 per pound, and burned wire is worth $2.20 per pound…

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How much is scrap copper wire worth per pound?

Copper

Copper Price/lb.
Bare Bright Wire (stripped/shiny) $3.80
#1 Tubing (clean tube/ clean fine wire) $3.65
#2 Tubing (paint/solder/burnt wire) $3.35
Tin Plated (wire/bus) $3.35

What is a good price for scrap copper?

Scrap Metal Prices

Item Quality Price (per KG)
Copper Clean $ 6.00~ $8.00
Mixed $5.00~ $6.00
Insulated copper wire Low grade $ 2.00~ $4
High grade $ 4.00 ~ 7.00

Why is copper wire so expensive 2021?

Copper prices have surged in 2021. The base metal remains in high demand, much thanks to its need in green energy projects and electric cars. In May 2021, commodities analysts at Goldman Sachs called copper ‘the new oil. ‘ That’s because electric cars need several times more copper than their gas-powered counterparts.

How much is recycled copper wire worth?

Scrap Metal Prices in California, United States

Copper Scrap
Material Average Price Price Unit
#2 Insulated Copper Wire 0.88 USD/LB
#3 Insulated Copper Wire Scrap 0.60 USD/LB
Bare Bright Copper Scrap 3.90 USD/LB

Is telephone wire worth scrapping?

Since most communication wire is made from copper, it is highly recyclable. You can either strip the wire yourself to get down to the bare copper and earn more per pound, or you can leave the insulation on the wire to save yourself some time and hassle. … You can also make money with communication wire recycling.

Is burning copper wire illegal?

Legality. In many states, it is illegal to burn copper wiring, as it is dangerous and can contaminate the ground. Burning copper wire in these states will result in you being arrested and prosecuted, possibly facing a fine of several hundred dollars.

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