what is copper worth

10 months ago 25
Nature

The value of copper varies depending on its form and purity. Here are some recent prices for copper:

  • Todays copper market price is $3.71 per pound.
  • Copper scrap prices can vary from $0.50 to $4.00 per pound, with purer and thicker copper commanding higher prices.
  • The price of copper per pound is $3.67.
  • Reliable Recycling Center lists the following prices for different types of copper:
    • Bare Bright Wire (stripped/shiny): $3.10 per pound
    • #1 Tubing (clean tube/clean fine wire): $3.00 per pound
    • #2 Tubing (paint/solder/burnt wire): $2.85 per pound.

The value of copper is influenced by various factors such as global supply and demand, emerging markets, and the overall strength of the global economy. The current price of copper as of November 10, 2023, is $57.54 per pound. Its important to note that copper is considered the most valuable scrap metal, and its price can easily reach $4.00 per pound.