Sell scrap cable by length
At Sin Hong Poh Metal Trading, we recommend our customers to sell their scrap cables by length to maximize their scrap returns. There are several reasons why we believe it’s the best method for you.
1. INSTANT VALUATION
When you choose to sell your scrap cables by length, you can quickly and easily determine their scrap value without the need to physically visit a scrap yard. This allows for convenient and efficient transactions. Here’s an example to illustrate how it works:
Let’s say you have a cable with a length of 100 meters and a specific type, such as 3c300mm. Our quote for this type of cable is $55 per meter. To calculate the total scrap value, you simply multiply the length by the quote:
100 meters x $55/meter = $5500.00
In this example, the total scrap value of your 100-meter cable would be $5500.00. This instant valuation enables you to have a clear understanding of the value of your scrap cables, facilitating informed decision-making without the need for physical assessment.
Selling by length offers a straightforward and transparent approach, ensuring that you receive the accurate scrap value for your cables based on their measured length and the agreed-upon price per meter.
2. PRICE NOT AFFECTED BY EXTERNAL FACTORS
When selling scrap cables, it’s important to consider the potential contamination that may be present, especially in cables retrieved from the ground. Contaminants such as water and soil can increase the overall weight of the cables, resulting in a lower price when selling by weight.
However, when you choose to sell by length with us, we quote you based on the length of the copper in the cable only. This means that the price is not affected by contamination. We focus solely on the copper content within the cable, disregarding any external factors such as water, soil, or the weight of the drum.
By valuing the copper content alone, we ensure that you receive the best price for your scrap cable, regardless of any potential contamination. Our commitment to providing fair and transparent pricing allows you to have confidence in the value you receive for your scrap cables, while disregarding any external factors that may impact the weight or quality
3. You know the length of cable
Selling scrap cables by length indeed offers transparency and allows you to have a clear understanding of the value of your cables before making a sale. With accurate information about the length of your cables, you can easily calculate the total scrap value by multiplying the length by the quoted price per meter. This method provides assurance and clarity, as you know the exact value of your cables without relying on weight measurements, which can sometimes be uncertain or variable.
4. Transparency & integrity
To ensure transparency and maintain trust with our customers, we encourage them to have a witness present during the measuring process. Having a witness allows for an additional level of assurance and helps prevent any potential disputes regarding the measured length of the cables. However, we understand that it may not always be possible to have a witness present in every situation. In such cases, we make it a point to report the measured length to our customers through detailed photos and figures before proceeding with the scrapping process. This ensures that you are kept informed and involved in the process, even if you cannot be physically present.
Furthermore, when it comes to weighing your cables, it is important to consider the scale interval of the weighing bridge. Scale intervals can typically range from 10kg to 20kg, meaning that the weight measurement may not be precise for smaller quantities. As a result, this could lead to potential discrepancies in the amount you receive, and you may end up with slightly less than the actual value of your cables.
By selling your cables based on length rather than relying solely on weight measurements, you can avoid the potential loss associated with scale intervals. Selling by length ensures that you receive the full value based on the measured length, eliminating any concerns about the precision of the weighing process. This approach provides you with a more accurate assessment of the value of your cables, giving you peace of mind and ensuring fair compensation for your scrap materials.
Sell by length today!
With over 20 years of experience buying scrap cable, we are able to calculate the value of the cable based on the number of cores and size of the copper. Send us the details of your scrap cables and we will get back to you within one working day! Chat with us today!