4 Convincing Reasons Copper Wire Scrap Remains High in Demand

Copper's discovery led to many developments in electrical and mechanical engineering. Centuries later, you can find copper wire in almost every electrical appliance, electronic device, infrastructure projects, and more. If you recycle copper wire scrap, you're sure to get good yields and prices for the following reasons.

Construction Demand

Today copper wire scrap sees high demand and contributions from the construction industry. Copper is malleable, but it has substantial thermal conductivity. This property allows it to be materials manufacturers of pipes for water distribution. Its exceptional resistance to corrosion makes it an excellent metal for water delivery systems. 

Electrical Developments

Copper wire scrap remains high in value and volume with the numerous discarded appliances, cables, and cords. The electrical industry continues to have a high demand for electric wires. Consequently, they're vast contributors of copper wire scrap too. With electrical wiring requiring maintenance, repairs, and replacements, demand for fresh and recycled copper will remain high. 

Transportation Manufacturing

On average, a new car has about 60 pounds of copper, making the automotive and transportation manufacturing industry a significant contributor to scrap copper. The industry may soon see an increased volume of hybrid car and electric train demands, leading to higher copper demand. Electric cars will see extensive use of copper wires for their electric engine. 

Coins and Copperware 

Currencies and cutlery may not use copper wires, but they use significant copper amounts during manufacturing. As a result, they contribute a significant amount of copper scrap.  

Get the Best Payouts For Copper Scrap

Alnor Industries continues to provide the Greater Toronto Area with the best scrapping services available for copper and other materials. With decades of experience and a fully transparent recycling process, we're confident in providing for all your needs. Contact us today to arrange logistics and see the profits you can make by depositing your scrap.