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Chris819
New Member
23 Posts |
 Posted - 08/12/2010 : 14:45:03
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Hi i am new to scrapping besides for cans. I am wondering what is the difference between copper #1 and copper #2. The place where i take my cans said they pay $2.60 for #1 and $2.20 for #2 copper. Thanks for the help. Chris
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Kiwiman
Penny Pincher Member
225 Posts |
Posted - 08/12/2010 : 14:52:13
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| copper #2 is copper with small amounts of solder or other non copper metals attached to it. |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/12/2010 : 17:44:31
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No.2 Scrap Copper
Clean unalloyed copper solids. May include clean, oxidized or coated (plated) copper clippings, punchings, bus bars, commutator segments, clean oxidized copper pipe or tubing free of excessive solder and light gauge clean, oxidized or coated (plated) copper wire but free of fine gauge hair wire. Should be free of excessive oxidation, scale, ash or brittle burnt wire.
No.1 Heavy Scrap Copper
No.1 Heavy Scrap Copper Shall consist of clean unalloyed copper solids and must be uncoated.
May include copper clippings, punchings, bus bars, commutator segments clean copper pipe or tubing and Copper wire over 1/16" thick but free of burnt or brittle wire.
This grade is equivalent to the ISRI code CANDY |
Edited by - hobo finds on 08/12/2010 17:45:41 |
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novillero
Penny Sorter Member
USA
86 Posts |
Posted - 08/12/2010 : 23:03:47
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(1) Assuming no melt ban on copper cents, what would the average penny be classified as?
(2) Where is # 1 and # 2 in relation to the spot price of copper? |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/13/2010 : 12:14:59
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would think they would be #2
yesterday spot price was $3.04 lb |
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novillero
Penny Sorter Member
USA
86 Posts |
Posted - 08/13/2010 : 14:56:13
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| How close to spot does the avg scrapyard pay for #1? |
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Dr. Cadmium
Penny Sorter Member
USA
26 Posts |
Posted - 08/13/2010 : 20:31:42
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quote:
How close to spot does the avg scrapyard pay for #1?
Generally at least 75% of spot at the good yards near me. Note that #1 is not 100% pure copper so it's actually a higher percentage than that.
In addition to spot price, the prices a yard pays for scrap depends on many other factors:
1)The owner(s). These are private businesses that pay what they want to and to whom they want to.
2)Market volatility. If spot prices are swinging wildly from one day to the next, yards will use the lower end of the swings (because their buyers are, too). For the same reason, it usually takes a couple of weeks for yard prices to "catch up" after spot prices rise and hold. However, if prices drop drastically in one day expect an almost immediate drop in the prices yards are paying.
3)Size of the yard. Generally larger yards pay more. However, there are exceptions. Some of small yards operate with much lower overhead and move metal faster so can pay better prices.
4)State and country. Different states have different regulations, taxes, energy costs and other factors that affect operation costs and ultimately the prices they pay.
5)Proximity to the shore and major harbors. Generally yards closer to major ports pay better prices as they have shorter distances to transport their containers.
6)Competition. One yard in the middle of nowhere can pay whatever it wants. Five yards in the same city will usually try to match prices, especially on copper.
7)The quantity of metal you have. If you have 500 lbs of #1 copper you're going to get closer to spot price than if you have 5 lbs.
Most important: call around and compare prices before selling. |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 08/19/2010 : 15:38:19
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| When you guys talk about insulated wire, would that be like romex? Also if you cut the cord from a vacuum is that insulated wire? Is that considered number 2 and can you bring it in with the rubberized coating. Looking for enlightment |
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wayne1956
Penny Pincher Member
177 Posts |
Posted - 08/19/2010 : 18:08:11
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quote:
Originally posted by TXBullion
When you guys talk about insulated wire, would that be like romex? Also if you cut the cord from a vacuum is that insulated wire? Is that considered number 2 and can you bring it in with the rubberized coating. Looking for enlightment
When it comes to insulated wire I just basically throw most all of it together. Wiring harnesses from appliances, power cords from lamps & small appliances, etc. The only time I separate something out is if it has larger copper wire in it, and it is a pain to strip. The larger wire like that some yards will pay a little more for. |
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Jay
New Member
Canada
7 Posts |
Posted - 08/19/2010 : 19:31:50
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| Wow and I was just thinking of the 14 gage house wire. |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 08/19/2010 : 21:43:22
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quote:
Originally posted by wayne1956
quote:
Originally posted by TXBullion
When you guys talk about insulated wire, would that be like romex? Also if you cut the cord from a vacuum is that insulated wire? Is that considered number 2 and can you bring it in with the rubberized coating. Looking for enlightment
When it comes to insulated wire I just basically throw most all of it together. Wiring harnesses from appliances, power cords from lamps & small appliances, etc. The only time I separate something out is if it has larger copper wire in it, and it is a pain to strip. The larger wire like that some yards will pay a little more for.
In this case then, does insulated wire have its own price at the yard? If so what is it approximatley in relation to number 2 copper |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/19/2010 : 21:50:43
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#2 Cu $2.32
Ins wire .92
Avg prices in So. AZ |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 08/19/2010 : 21:57:58
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| Ok, do christmas lights fall under insulated wire? |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/19/2010 : 22:04:32
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| As is they will pay much less. Call it harness wire or something pays .10 cut off the bulbs and then it will be #2 |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 08/19/2010 : 22:25:26
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quote:
Originally posted by hobo finds
As is they will pay much less. Call it harness wire or something pays .10 cut off the bulbs and then it will be #2
If you cout off the bulbs, wouldnt it be considered insulated wire then? Why would it be number 2 if you dont strip it. Thanks for your info
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Edited by - TXBullion on 08/19/2010 22:26:53 |
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hobo finds
Penny Hoarding Member
838 Posts |
Posted - 08/20/2010 : 12:27:37
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No.1 Insulated Copper Wire Scrap
No.1 Insulated Copper Wire shall consist of plastic insulated unalloyed, uncoated (plated) copper wire, with the copper wire not smaller than 16 gauge (B&S).
No.2 Insulated Copper Wire Scrap
No.2 Insulated Copper Wire shall consist of assorted plastic insulated, unalloyed copper wire, free of heavy or double insulation.
Included in ISRI code DRUID
No.3 Insulated Copper Wire Scrap
No.3 Insulated Copper Wire shall consist of assorted plastic insulated, unalloyed copper wire, includes heavy or double insulation, plastic insulated telephone cable.
Included in ISRI code DRUID
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TXBullion
Penny Collector Member
374 Posts |
Posted - 08/20/2010 : 22:43:41
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| thank you for clarification |
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what is copper number 2?
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