Professional Services News / Sgt. Scrap

Expanding International Operations Drive Up Scrap Copper Prices

Via: ReleaseWire

Updated 7:35 AM CDT, Mon, April 16,2018

Pennsauken Township, NJ -- (ReleaseWire) -- 04/16/2018 -- In many cases, the new metal of choice for making money is copper. Expanding international manufacturing operations in countries like China and India are driving up the value of scrap copper, meaning massive payouts for anyone with scrap to spare. According to a report by Bloomberg Money, the price of copper scrap has already risen 28% in the last 12 months, and it shows no sign of slowing down as demand increases.

Though 2018 has only just begun, the Chinese government has already issued tons of loans to manufacturing companies to help them expand their business and operations. A natural result of this expansion is the need for copper scrap, which is a cheaper and less time-consuming alternative to the mining and processing of raw copper ore.

Another massive consumer of scrap copper is India, whose developing infrastructure requires excessive amounts of copper to devote to the construction of highways and electrical equipment. These growing international needs are translating to jackpot payouts for anyone with scrap copper to sell. The material has become so valuable that thieves have even begun risking their lives to steal the metal from live wires.

As the need for copper expands, construction sites and auto salvage yards in Delaware County, and other local areas, can cash in on international operations by selling off their scrap copper for cash. Anyone in need of copper or auto salvage pickup in Philadelphia is encouraged to contact Sgt. Scrap today by calling 800-833-6983 or by paying them a visit online at https://sgt-scrap.com/ to fill out a request for contact form.

About Sgt. Scrap
Sgt. Scrap has been in business since for over 10 years. Since their inception in 2006, the company has expanded to having four locations. Sgt. Scrap is an authority on eco-friendly scrap metal purchasing and prides itself on empowering its partners and customers. They offer both onsite services and offsite pickups that rid clients of unwanted metals in Pennsylvania, New Jersey, New York, and Delaware.

For more information, visit http://sgt-scrap.com.

For more information on this press release visit:
http://www.sbwire.com/press-releases/expanding-international-operations-drive-up-scrap-copper-prices-963386.htm

Media Relations Contact
Kevin Glasson
1-856-356-2516
Email: Click to Email Kevin Glasson
Web: https://sgt-scrap.com/