Scrap copper - weigh in or wait for prices to rise?

[Rickster123]

The guys at my local scrappy say they're close to calling it a day at the moment.

 

[Ray Stafford]

sell it and buy gold

 

[townfanjon]

The days of crawling over broken bricks , timber with nails stuck up , muddy knees etc etc etc , to fetch 300 mm of scrap copper are over !!!!

 

[Destroyer2813]

The guys at my local scrappy say they're close to calling it a day at the moment.

You must keep in business with all those bundles of new tube and fittings

 

[Rickster123]

You must keep in business with all those bundles of new tube and fittings

I have no idea what tube and fittings it is that you speak of...

 

[lame plumber]

got an oil boiler by the gate just sitting there, year back it would have gone overnight, now a scrappie wants £40 to collect it, taking the ****, if they are now scrapping 54 bulk carriers this month some 4.4 million tonnes of steel against last year some 2.1 million tonnes, someone is buying them and making money on scrap metal out there.

 

[Worcester]

So why isn't the new price for copper tube going DOWN as well

 

[Millsy 82]

So why isn't the new price for copper tube going DOWN as well

It has for me unless I was being ripped off before. Lol.

 

[Millsy 82]

got an oil boiler by the gate just sitting there, year back it would have gone overnight, now a scrappie wants £40 to collect it, taking the ****, if they are now scrapping 54 bulk carriers this month some 4.4 million tonnes of steel against last year some 2.1 million tonnes, someone is buying them and making money on scrap metal out there.

Last year I had an undesirable knock on my door and want to buy all my scrap. Probably gave me about £30 short of what it was worth but I didn't have to cart it in in 2 van fulls.

Now I can't get hold of the bloke, so I just drive through and dump it at the scrappies and drive out. It's just not worth it.

 

[Ray Stafford]

So why isn't the new price for copper tube going DOWN as well

Its been going down steadily for some months now.