Copper Price / Copper Prices / Scrap Values

[Jbsacco]

I just phoned European Metal Recycling Ltd, Shoreham center near me and the bloke said on the phone

 

[ProDave]

How come you guys get more for your scrap than we do up here?

It's particularly galling, as when I lived darn sarf, a guy in our village ran the local scrappie down there, and he said all his scrap copper ends up at a place in Forres not far from here. So transport costs can't be the reason we get less because they should be lower.

Perhaps in future I'll have to save it all up, and bring it darn sarf to get a better price next time we are down that way.

 

[steptoe]

cos almost everyone sells it to EMR Dave, [in that I mean the other scrappies]

they are by far and away the best price round here.

 

[daveygh]

just cashed in some "bright " and its

 

[andy_spark]

I've just had a bit of a clear out in my garage. Most recent prices I got at EMR on 27/06/12 were

 

[christhe]

I sold about 70kg of bright copper last weekend . Got

 

[SeánH]

Weighed in 40kg of bright copper on thursday and got £4 A kilo in Swansea

 

[ProDave]

Just a quick question:

I have a foam lagged copper hot water cylinder to take to the scrappy

Do you get more for it if you strip the foam lagging off first to leave it as bare copper?

 

[NozSpark]

I think cylinders are a fixed price around here as you could fill them with "ballast" or they could be very furred up,,,,, which all adds to the weight

 

[steptoe]

Done a small local this week,

1.48 for unstripped

4.07 for bright

 

[m4tty]

Think cylinders are around £55-60 round here

 

[Steve3948]

Wholesale copper price is still falling, but holding steady for a few days at £4,800 i assume per ton, it was £5,200 around 4 weeks ago, Draka tweet the copper price every day if you are interested.

 

[gixergaz]

always tuck a bit away over the year prices arnt to bad down here but no cash payments any more seems like the taxman wants to know about everything now...

 

[Doc Hudson]

always tuck a bit away over the year prices arnt to bad down here but no cash payments any more seems like the taxman wants to know about everything now...

The introduction of cash payments is to help combat metal theft and the non-traceability of persons illegally selling scrap that they do not own. Metal theft is becoming a very serious and costly issue with 1000's of tons of metal from all walks of life being stolen for easy cash; communications & railway signaling, Churches Lead roofs, Council metal street furniture, Office & retail air conditioning units, Motor trade Catalytic converters etc, etc..  Obviously if the taxman did choose to investigate your affairs non--cash payments will be easier to identify, but unless you are expecting HMRC to check up on you, or you have major transactions to hide, I am inclined to think that the deterrent toward metal theft is the better cause. 

Doc H. 

 

[steptoe]

Someone mysteriously has gave my wife a load of scrap.

 

[m4tty]

Someone mysteriously has gave my wife a load of scrap.

Think my mrs is a member of that club too mate.

 

[ProDave]

Someone mysteriously has gave my wife a load of scrap.

But if she sold it, she's liable for tax on the profit.

Handy if like my Mrs she's a low earner and below the threshold for paying any income tax.

 

[chris_k]

£1.60 for household cable

£4.55 for dry bright

Nottinghamshire

 

[ProDave]

£1.60 for household cable

£4.55 for dry bright

Nottinghamshire

Are they still paying cash, of have they implemented the new bank transfer only rules yet?

 

[m4tty]

Daan Saaf in Kent they have Dave. It's a cheque or bank transfer