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Copper is one of the more profitable metals: Copper prices continue to rise, hovering at $3.33 per pound. Aluminum is averaging around 98 cents a pound. Auto (tire) rims will sell for $1.05 a pound .
Currently, auctions are asking between $2 and $3 per pound for quantities of 10 to 25 pounds of coins. One auction featured 100,000 pennies -- weighing about 680 pounds -- that sold for $1,500 ...
Typically, recyclers in the U.S. can expect aluminum can prices to hover around $0.56, on average, per pound of cans. As the table below illustrates, though, the monetary reward will mostly depend ...
Metal was more valuable; an 1836 edition of Chambers's Edinburgh Journal describes how "street-grubber[s]" could be seen scraping away the dirt between the paving stones of non-macadamised roads, searching for horseshoe nails. [12] Brass, copper and pewter were valued at about four to five pence per pound. In a typical day, a rag-and-bone man ...
The London Metal Exchange is an example of a metals exchange where metal is traded as futures contracts providing pricing for defined purity and contract size. The LME Copper contract for example is for delivery of 25 tonnes of Grade A copper cathode at a specified location and priced in United States dollars. This is used to set the price of ...
Copper mining activity increased in the early 2000s because of increased price: the price increased from an average of $0.76 per pound for the year 2002, to $3.02 per pound for 2007. [2] A number of byproducts are recovered from American copper mining.