Recycling Scrap Copper
The United Nations View:
Scrap copper is 100% recyclable, and there is no loss to quality, this applies to manufactured copper and raw copper. Copper has a high value on the scrap market, and is the third most recycled of all metals, the first being scrap iron and the second being scrap aluminium.
In the preface to the Metal Stocks in Society report, commissioned by the United Nations, Achim Steiner, UN Under-Secretary General and Executive Director UNEP, emphasised the importance of metal in modern economies:
“Metals are a core, centre-piece of the global economy: Whether it be in the manufacture of buildings or cars to the booming production of mobile phones, computers and other electronic goods, metals have become increasingly important to commerce.
But metals are also part of the challenge society is facing in its transition to a low carbon resource efficient 21st Green Economy.
Metals are a finite resource, whose management, consumption and production echo to the need to adopt a recycling economy.”
The statement from Achim Steiner underlines the importance of recycling scrap metal and the price of copper will become synonymous with the price of scrap copper. Most major economies are looking for the greenest way for expansion, and it is much more eco friendly to recycle copper than to mine copper , it makes sense to recycle.
The importance of copper in modern living cannot be understated, it is a staggering fact that 60% of all copper in use is used in electrical wires. Without copper, modern society as we know it would cease to exist, it is the core metal for 21st century living. With copper resources being finite, as with all of the planet’s natural resources, it is imperative that we continue to recycle scrap copper.
With the overwhelming majority of copper being mined since the beginning of the last century, over 90%, natural reserves are rapidly dwindling. The need to recycle scrap copper is greater than ever, with some experts fearing that there is only enough to be extracted for the next 80 to 100 years.
The price of copper will fluctuate, and the resources available through the Approved Metal Recyclers website will help you find the best price available.
We have made it easy to find the local scrap metal dealers and scrap metal merchants in your area to provide the best prices when you are looking to sell copper.