Is it profitable to engage in copper wire recycling business?

Copper wire recycling business is getting more and more popular in recent years, why people are starting to do copper wire recycling business? Of course because of its high benefit and low cost.

3D picture of copper cable wire recycling machine

The raw material waste cables and wires is cheap and easy to collect.

Copper cables can be found everywhere in our daily life, industrial cables, miscellaneous scrap wire such as car wires, phone wires, ear phone wires all can be recycled to get copper and plastic. The price of waste cables and wires is cheap, about $3200 per ton on the market. You can buy it from wire recyclers.

Differnent kinds of waste cables and wires

The separated products copper and plastic has a good selling price.

The separated copper and plastic is very pure, so the copper and plastic can be sold directly on the market or used to made new products. The price of separated copper is $6000 and the price of plastic is $570 per ton.

The separated copper and plastic

The content of copper and plastic is high in waste cables and wires.

Every one ton of waste cables and wires, the copper content is 60% and the plastic content is 40%. After processed, copper and plastic can be recycled and there is no loss of copper and plastic, and double recycling of copper and plastic can be achieved.

Copper cable wire recycling machine is pollution free and high separation rate

Because global metal prices are roughly the same, taking the Chinese market as an example to make a profit analysis. We all know that the profit is revenue minus cost. We take eight hours of work per day as an example.

a. One set 500 kg/h copper cable wire recycling machine can process 4 tons of waste cables and wires every day, and the raw materials cost is about $13000 per day.

b. We can obtain 2.4 tons of copper and 1.6 tons of plastic on day and the profit is $15300 per day.

c. After deducting the cost of raw materials, electricity consumption and labor costs, the net profit is about 2,000 US dollars per day.

Profit analysis of copper wire recycling busienss

From the analysis of copper wire recycling business, we can see that copper wire recycling business is a low-coat and high profit business. If you are interested in this business, don’t hesitate to contact us.