Copper prices and scrap copper prices are both dictated by the supply and demand for copper worldwide.
Scrap metal recycling companies in Phoenix adjust their prices for copper and other non ferrous scrap metals according to the major metal indicies.
Just like gas prices, copper prices at Phoenix scrap metal recycling yards can vary as much as $1 per pound depending on the day that you visit.
Many people who buy and sell scrap metal for a living try and play the futures market on copper prices. Like the stock market it is very difficult to predict where the prices for copper will be on any given day.
There will always be a high demand for scrap copper in Phoenix as it is used in some many household items like copper pipe, copper fittings, copper wire, and other elements of plumbing.
The item that I listed above for copper are obvious, but there are other uses for it in the housing industry are things like a copper sink, copper door, copper bar, copper springs and copper connectors of sorts..
I have just touched on uses for copper within the housing industry that drives the overall demand, although there are way more than the housing industry that wants or needs copper.
Copper products are numerous, and no one person could ever find out how many uses there are for copper.
So as long as there is building going on there will also be a lot of scrap copper as well.
For more information on copper pricing or scrap copper prices visit us at www.i-buy-scrap.com/pricing
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