More and more people intend to start copper wire recycling business for high profit. But before starting this business, many investors may consider, how to invest in copper wire recycling business to get maximum profit? Here we will have a talk about this topic.
For the copper wire recycling business, profit will be related to raw materials cost, final product selling price, power consumption, man power and occupation of land. These all are possible to affect the profit if we invest in copper wire recycling business.
Get high copper content raw materials with low price
First is the raw materials, there are many different types of the copper wires in market, the copper percentage in it is different. And the cost to buy these different copper wires will be different. So if you can collect high copper content with low price, then the materials cost will be less. Then you will get more profit when investing in the copper wire recycling business. Even some local governments will support the copper wire recycling business, so investors will get waste copper wires for free or may receive financial support from the government. So there is chance like this around you, then try to take advantage of this opportunity!
Different kinds of waste copper wires
Sold the finished products with high price
Then the final product from the copper wire recycling business is copper and plastic. As long as the purity of the copper separated is high enough, the copper always has good selling market. According to market research, now the copper price is about $7000 per ton and plastic is $600 per ton. So it’s very considerable benefit to invest in copper wire recycling business.[Related reading: Is it profitable to engage in copper wire recycling business?]
The separated copper and plastic
Choose to buy copper wire recycling machine according to your budget
Copper wire recycling machine is the core to invest in copper wire recycling business. If you are new to this business, you can start from the small one first, which is low cost investment. For the small machine, it is less power consumption and small land occupation. And whatever for the small copper wire recycling machine or big one, it’s working fully automatically, so only need 1-2 persons to operate. You can choose the copper wire recycling machine according to your budget.
Different capacities copper wire recycling machine sold to different countries
So if you want to invest in copper wire recycling business to get maximum profit, hope above information will be useful for you. Certainly, if you want to know more about the copper wire recycling machine or this business, welcome for your contact.
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