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Showing posts with the label 2022 at 10:35PM

THE VALUE OF COPPER WIRE

Recycling your scrap metal benefits both the community and the environment in Melbourne, VIC. When you choose to recycle your scrap materials at a recycling centre, you reduce the amount of metal that ends up in a landfill as well as the number of raw materials that must be mined to meet demand. If you’re familiar with scrap metals, you’re probably aware that copper recycling typically yields the highest price per pound. You may be unaware that there are several types of recyclable scrap copper, and each type commands a different price. For example, copper wires and cables can be recycled in their entirety or broken down into copper cores and copper insulation. Wires with plastic coating are also marketable, as plastic is a valuable commodity that can often be sold separately from the copper core and insulation. While there’s a strong demand for scrap copper wire on the global market, recycling centres in Melbourne typically receive a high volume of copper scrap. This means that they...