Understanding 2012 copper wire prices per pound may improve the earnings of a person in a big manner. Just like everything else, scrap copper wire prices vary due to market movements. People that enjoy collecting scrap metal and those who wish to try scrap metal collecting wonder how much collecting scrap metals earns. In fact, those who collect scrap metals get more money in the first 45 minutes of their job than most people that work 8-10 hours a day.
2012 copper wire prices per pound have gone up. This is because prices of commodities have been skyrocketing at a high rate such that the global economy has shifted into growth mode again. Prices of the major raw materials that are used to produce copper and lead have been going up since mid last year. 2012 copper prices per pound range between $2.85 and $3.85 per pound. This is expected to increase as the year continues.
It's not only Copper which is increasing in value per pound in scrap metal collections. Because of the rising price of copper itself, transformers along with other types of copper parts (motors, alternators, magnetrons ect) are slowly becoming more and more valuable
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