I live in Ontario. I would like to buy the electrical wires with 60%-80% copper inside and export them to China. The metal recycling company wanted me to make the offer first. This is my first time running this business. So, How much should I offer? Range or the prices?I know that I can get them at a lower price from the factories (sources). However, I don't have truck to toll them. Also, can I pay the recycling company more to ship the containers to China for me? Do they do that?
definite this is definatley nicely worth some time. even nevertheless I dont think of your taking it to the splendid place. I artwork at a recycling company and we pay $a million.35 for #2 Insulated copper cord. Your cord besides the undeniable fact this is Romex which will pay purely approximately $2 a pound. Alot of scrap yards would be extremely shady so be sure you will discover the dimensions weights once you're taking your cord in. Im uncertain of your scrap yards policies yet you additionally must ask for broker fees. What meaning is which you will get around $2.30 for the insulated or around $3.80 for the bare copper. My company will usually provide broker fees on weights over 100lbs or for a well-known company. purely be sure you think approximately that almost 0.5 the load would be interior the insulation. a hundred lbs. insulated cord for $one 0 five or $one hundred seventy five for fifty lbs. of bare superb copper.
In addition to Bill G's answer, you need to check with your government, as you MIGHT need an export license.
TZ: Before you do anything, educate yourself on the recycling business in copper wire, etc. You can do this easily on your PC by searching recyclling copper wire . Your best prices will be for bright shiny wire, copper, aluminum , etc. Some burn the insulation off; however they invite a lot of questions since the burning results poisonous gases and pollution. You can also find the going prices for wire on your PC. Brush up on the market. If you have the time or help, you may find a nitch market in purchashing insulated wire, stipping it and then market it . Also educate yourself on exporting recycables to China. You can also do this on your PC. It's a good idea when getting into a business you don't know is to first: know the business.
