What is the price of NO. 2 copper for recycling?
No. 2 scrap copper is around $3.20 per lb depending on your location.
Scrap copper prices vary according to the grade of scrap copper (bare brite, #1, #2, etc.) as well as per supply and demand and the comex and spot market prices. Depending on quantity of material and your location in the world you can expect to get anywhere between 3 - $3.75 per pound of scrap copper. stripper clean scrap copper will get you the highest recycling prices.
Scrap metal prices are very dynamic and are constantly changing daily. Copper scrap is also priced based on grade of the scrap copper meaning light gauge copper wire with insulation is a lower scrap price then stripped bare large copper cable (bare brite) or buss bar. In NJ as of May 2011 the price for #1bare brite copper wire is around $3.50 per lb and #1 Copper Tubing is around $3.25/lb. PLease keep in mind…