what is the price of copper per pound

11 months ago 28
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As of October 5, 2023, the price of copper is $3.57 per pound. However, it is important to note that copper prices are subject to change due to market volatility and other factors such as supply and demand, economic growth, inflation, and the value of the dollar. The prices of copper can vary depending on the type of copper being sold, such as bare bright wire, tubing, or insulated copper wire scrap. Scrap yards in Illinois, United States, for example, are currently paying $2.93 to $3.17 per pound for #1 copper scrap and #1 copper tube scrap. It is always best to check with local scrap yards or metal exchanges for the most up-to-date prices.