Economics of melting (assuming ban is lifted)
Posted: Sat May 07, 2011 4:00 pmWhat is one pound of copper pennies worth assuming the melting ban is lifted and copper is trading at $5?
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Economics of melting (assuming ban is lifted)
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Posted: Sat May 07, 2011 4:00 pmRe: Economics of melting (assuming ban is lifted)
Posted: Sat May 07, 2011 5:13 pm$3.50
Re: Economics of melting (assuming ban is lifted)
Posted: Mon May 09, 2011 12:10 pmI would guess around the $4.40 range. It should bring #2 scrap or maybe #1 scrap depending on the place you get rid of it. Foundries who like the mix will also pay more than scrap for it.