How Much Is Copper Per Pound in Mississippi?

Copper is a highly sought-after commodity due to its widespread use in various industries. Individuals often look to understand its current market value, especially when considering selling accumulated scrap material. Knowing the factors that influence its price and the proper procedures for selling can help in maximizing returns.

Current Copper Prices in Mississippi

Copper prices are not static and fluctuate daily, influenced by global commodity markets. The value of scrap copper in Mississippi directly correlates with international prices. Local scrap yards base their purchasing prices on global benchmarks, typically offering a slightly lower rate to account for their processing costs and operational overhead.

The price for scrap copper depends on its grade and purity. Bare Bright copper, clean, uncoated, and unalloyed wire or cable, commands the highest price due to its purity. Copper #1 consists of clean, unalloyed copper, often as bus bars, clippings, or wire at least 1/16th of an inch in diameter, with 98% copper content. Copper #2 includes unalloyed copper that may show minor impurities, solder, or slight tarnishing, generally having 94-96% copper content.

Insulated copper wires, such as Romex or THHN, are priced differently because insulation must be removed to recover pure copper. The value of insulated wire is determined by its copper recovery rate. For instance, #1 Insulated Wire might be valued around $2.15-$2.55 per pound, while Romex wire could be $1.65-$2.05 per pound. In August 2025, #1 Copper Scrap in Mississippi saw prices up to $2.40 per pound, while the average copper scrap price was around $1.05 per pound, with lower grades like Starters Scrap at $0.18 per pound.

For current prices, contact local scrap metal recycling yards directly. Prices vary between yards in Mississippi and update frequently. While industry publications or online commodity market sites provide general trends, direct communication with local buyers offers the most accurate pricing for specific grades.

Factors Influencing Copper Prices

Copper prices shift due to economic and market forces. A primary driver is the balance between global supply and demand. Supply is influenced by mining output from major countries like Chile, Peru, and the United States, and recycled copper volume. Disruptions in mining due to labor strikes, political instability, or natural disasters can reduce production, leading to price surges.

Demand for copper is tied to industrial consumption across various sectors. Construction, electronics, automotive manufacturing, and renewable energy technologies rely on copper, making its demand sensitive to global economic health. A robust global economy increases infrastructure projects and industrial production, boosting copper demand and prices. Conversely, economic downturns slow demand, causing prices to decline.

The U.S. dollar’s strength also influences copper pricing, as copper trades in U.S. dollars internationally. A stronger dollar makes copper more expensive for buyers using other currencies, reducing demand and pressuring prices down. Conversely, a weaker dollar makes copper more affordable, potentially increasing demand. Geopolitical events, trade policies, and unexpected supply disruptions also contribute to price volatility by impacting supply chains and market sentiment.

Selling Scrap Copper in Mississippi

Individuals selling scrap copper in Mississippi typically use scrap metal recycling or salvage yards. These facilities process various metals and pay based on weight and material grade. Identify reputable local yards for fair transactions.

Proper preparation of scrap copper enhances its value. Sorting copper by grade (Bare Bright, Copper #1, or Copper #2) is essential, as different grades command different prices. Keeping grades separate prevents higher-value material from being downgraded due to contamination. Cleaning copper by removing non-copper attachments, insulation, or contaminants like solder and paint also increases payout. For insulated wires, stripping the plastic casing exposes pure copper, raising its worth.

When arriving at a Mississippi scrap yard, sellers need to follow specific procedures. A valid government-issued photo identification, such as a driver’s license, is required. Scrap yards must keep purchase records for two years, including a copy of the seller’s ID, photographs or video of the material, and the seller’s face. The license plate number and vehicle information will also be recorded.

Mississippi law prohibits cash payments for scrap metal; payments are typically made via check or electronic transfer. Checks may not be mailed until three days after purchase. Scrap yards use certified scales; ensure the weight read-out is visible. To secure the best price, contact multiple local yards for quotes and understand their grading criteria.