If you chose to strip it, you will end up with 90 pounds of copper don’t forget 10 pounds in plastic waste and in today’s market you will get $1.90 per pound for stripped copper wire so your 90 pounds will net you $171.00 difference of $21.00 between stripping it or selling the way it is, just want to mention one thing …
Thereof, How much is scrap copper cable worth?
Insulated Copper Price/lb.
—————————————————— ———
#1 Insulated (10-12 THHN 80%+) $2.10
Romex 65% (underground $.20 less) $1.85
Communication 50% (no aluminum/no tin plate/no spline) $1.10
Clean Extension Cord 35% (no plugs/no tin) $0.60
Also to know is, What is the best thing to scrap for money? – Copper. Copper is one of the most common metals you can find around your home and one of the most highly sought after at the scrap yard. …
– Brass. …
– Silver. …
– Aluminium. …
– Stainless Steel. …
– Gold. …
– Lead.
Subsequently, question is, What is the fastest way to strip scrap wire?
Also, Can you burn copper wire to strip it?
Different Scrap Wire Stripping Solutions: NO BURNING: First and foremost, we would like to reiterate that you should NEVER under any circumstances “burn” your copper wire to remove the insulation. Not only does it harm the environment from the fumes, but it will downgrade your copper at the scrap yard.
How do you strip stranded wire?
Is copper worth any money?
On average, scrap copper is sold between $1.20 to $2.50 per pound. Many different factors affect copper prices, so prices fluctuate daily. To get the best price, it will then be your best interest to clean every scrap, cutting the parts contaminated with welding materials or other.
Do scrap yards take burnt copper wire?
If someone should catch you burning insulated wire, they can report you for a reward. … Say for example that #1 copper scrap is worth 2.60 per pound, scrap insulated wire is worth $1.20 per pound, and burned wire is worth $2.20 per pound… For a pile of wire that weighs under 100 lbs, there is NO reason to burn it.
Can you make a living scrapping?
If you’re willing to work hard, you can supplement your income or even earn a decent living by selling scrap metal. … Your local salvage yard will pay a certain dollar amount per pound, depending on what type of metal you’re dealing with. Ferrous metals, which are the most common metals, usually pay the least.
How do you strip a phone wire?
Strip 2 to 3 inches of the outer sheathing from the phone cable, using wire strippers. An old-style four-wire cable fits the 10-gauge slot on the wire strippers. Rotate the strippers as needed to cut all the way around the sheathing, being careful not to cut into the insulated wires inside the cable.
How much is cable wire worth in scrap?
What should I look for when scrapping?
If you are looking to get some good weight and hauls loaded up into your truck, look for ferrous materials that will give you some good weight. Ferrous metals and Light Iron items like dryers, washers, dishwashers, and refrigerators are always some good places to start with.
What can I use to strip a wire?
What is the most profitable scrap metal?
– Copper. For many scrappers, copper is king because of the consistently high value it can generate. …
– Brass. …
– While the price per pound for aluminum may not be impressive on its own, the metal can be lucrative in scrapping because of its widespread availability.
How do you clean burnt copper wire?
– Make suds by mixing dish soap into warm water and agitating it. …
– After burnt portion have been softened by soaking in the water overnight, remove burnt area with a plastic dish scrubber.
– Add 1 tbsp. …
– Apply paste on the burnt area, rub it with soft toothbrush which moves in a circular scrubbing motion.
Do scrap yards make a lot of money?
Scrap yards are basically playing the stock market. … The larger scrap yards will hang on to their metal if the prices are down and wait until the prices go back up before they sell. They can make a lot of money if they time it right. On that note they can lose a lot of money too if they wait too long.
How much money can you make from scrapping?
It’s not uncommon for a scrapper to make up to $100-$200 a day from their hauls. Not bad if you’re looking to generate a little extra cash before the holidays!Nov 13, 2014
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