Copper has always been a commodity in the industrial world, and will continue to be for as long as its use for electrical and plumbing applications keeps growing. The uses for copper fluctuate for many different applications such as architectural, industrial, electrical, biological, and transportation applications. This article will explain coppers value and give the reader more insight as to why copper is being stolen and how to avoid dealing with this problem.
Copper has been used for thousands of years for various purposes, and is still considered today as one of the most essential metals on the planet. Its elemental properties make copper a great conductor of electricity, while also being able to withstand high heat dissipation. Copper is also extremely durable, lightweight, and non-corrosive making it the perfect material for all plumbing, electrical, and construction use.
The use of copper in the electrical industry is noted at third most, trialing only to iron and aluminum. Also more than 50 percent of the copper being used today is for electrical purposes. Overall the supply and demand of copper is always steadily growing. In the matter of 15 years copper’s prices have been fluctuating on the trade market from a measly 80 cents a pound to a staggering $4.58 cents a pound in 2011. The price of copper did not stay at its peak but its amazing qualities and price lead to the creation of a new monster in our lives, copper thieves.
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