The value dipped dramatically in 2009 during the recession to approximately $1.50 per pound. But the price rebounded by 2012 to an all-time high of approximately $4.50 per pound. Since then, the price of copper has decreased. As of September, 2015, the price of copper per pound is about $2.43 per pound.
How much is copper worth today?
Copper Spot Price Spot Change
---------------------- -----------
Copper Price per Pound $4.27
Copper Price per Ounce $0.27
Copper Price per Ton $8,540.00
How much is scrap copper worth?
Scrap Metal Scrap Price Updated Price Date
------------------------- ----------- ------------------
Copper National Average $3.28/lb Updated 12/06/2021
Steel National Average $248.00/ton Updated 12/06/2021
Aluminum National Average $0.57/lb Updated 12/06/2021
Why is copper worth so much money?
The price of copper is largely influenced by the health of the global economy. This is due to its widespread applications in all sectors of the economy, such as power generation and transmission, construction, factory equipment and electronics.
How much does a copper sell for?
Scrap Metal Scrap Price Updated Price Date
------------------------- ----------- ------------------
Copper National Average $3.28/lb Updated 12/06/2021
Steel National Average $248.00/ton Updated 12/06/2021
Aluminum National Average $0.57/lb Updated 12/06/2021
What is copper worth for scrap?
Scrap Metal Scrap Price Updated Price Date
------------------------- ----------- ------------------
Copper National Average $3.28/lb Updated 12/06/2021
Steel National Average $248.00/ton Updated 12/06/2021
Aluminum National Average $0.57/lb Updated 12/06/2021
Is copper worth scrapping?
Copper is in high demand at scrap yards and you'll earn the most money by finding and scrapping copper. It is used in nearly every industry that requires metals and is infinitely recyclable. ... Bare Bright copper must be stripped of any fittings or insulation as well as uncoated and unalloyed.Jan 28, 2020
How much is copper per pound right now?
Copper Spot Price Spot Change
---------------------- -----------
Copper Price per Pound $4.27
Copper Price per Ounce $0.27
Copper Price per Ton $8,540.00