Copper Cable Scrap prices are starting to rise again after a five-year slump, and if you're looking to sell your Copper Cable Scrap today, you may be wondering what the current Copper Cable Scrap price in India might be. How do you get the most money for your Copper Cable Scrap in India?
We'll tell you what factors contribute to Copper Cable Scrap prices in India and how to sell your Copper Cable Scrap at top prices. So let's look at these variables and how to take advantage of them to get the most money for your scrap!
Get the Latest Copper Cable Scrap Prices in India Today
Copper Cable Scrap prices in India today are at,
Copper Cable Scrap Prices (Mumbai): Rs.666/KG
Get access to Current Base Metal Prices and Daily Scrap Prices to receive Copper Cable Scrap prices on WhatsApp; sign up now to get daily Copper Cable Scrap prices in seconds.
Market Graph Of Copper Cable Scrap Prices In India – Mumbai
What's Driving Up Copper Cable Scrap Prices in India?
Copper is an essential metal and a leading indicator of the global economy, used for various purposes, including wiring, power lines, plumbing pipes, EVs, energy transition and even coins. The Copper Cable Scrap prices in India can be impacted by many factors, including supply-demand concerns, economic activities in major economies globally, manufacturing activities, dollar index value, low consumption and more.
Copper Cable Scrap prices have been steadily increasing over the last few years due to massive demand from China, the US, Europe and India. Countries like China, the US and other major economies highly purchase Copper Scrap rather than Base Metals. One of the reasons that Copper Cable Scrap prices in India today are so high is that people are trying to sell off their old copper cables (ISRI Code DRUID or DROID) rather than just throwing them away.
Current Copper Cable Scrap Prices Worldwide
Copper Cable Scrap prices ranged from $1/Lbs to $2/Lbs in 2020 during the surge of the first covid pandemic. Since then, Copper Cable Scrap prices have doubled and skyrocketed to record-high levels.
Copper No.1 Scrap Prices (US): 3.20 USD/Lbs
Copper No.1 Scrap Prices (Canada): 4.16 CAD/Lbs
According to customs data, China's Copper Scrap import volume was 167,000 MT in September, up 7.99% MOM and a new high since April 2022. From January to September, imports totalled 1.36 million MT, an increase of 9.97% year on year.
The huge demand and consumption of Copper Scrap from the world's top Scrap Metals consumer, China, put Copper Cable Scrap prices at all-time highs.
Where to Sell Copper Cable Scrap at the Best Prices?
Do you have large tons of Copper Cable Scrap with you? Are you looking to buy a large number of Copper Cable Scrap at market-leading prices? If you answered yes, you have landed on the right platform; you can sell or buy any grade of Brass Scrap through our B2B scrap portal RecyleInMe.
RecyleInMe is an online scrap marketplace dealing with 100 plus scrap and recyclables. At RecyleInMe, you can find Copper Cable Scrap, Copper Cable Scrap prices, Copper Cable Scrap suppliers, Copper Cable Scrap buyers, Copper Cable Scrap offers to buy and sell, and other various categories of scrap. Register now and start receiving business leads.
Latest Copper Cable Scrap Offers at RIM
Copper Cable Scrap Sell Offer
Supplying "Insulated Copper Cable Scrap" - 70000 Tons
Copper Cable Scrap Buy Offer
Looking for "Copper Cable Scrap" 22 MT Regularly