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This. Copper is always in demand, has a bajillion uses, and can be scrapped and reworked very easily. This is why you hear about meth heads stripping copper wi
by jonnathanson 13y ago
This.
Copper is always in demand, has a bajillion uses, and can be scrapped and reworked very easily. This is why you hear about meth heads stripping copper wiring out of old homes. It's not that the copper is incredibly precious. It's that the copper is so easily liquefied into cash at any number of one-stop, no-questions-asked destinations.
Copper is expensive as a building or product material, not in and of itself, but in relation to many of the alternatives in any given application. Small differences in component costs, scaled over large supply chains, add up to huge differences in margin at the macro level.