💰TikTok Copper Strippers Hit New Highs as Prices Surge
Copper prices hit record highs, inspiring a new wave of DIY scrappers
TL;DR
As copper prices surge, TikTok users are turning to DIY scrapping to make extra cash. Copper wire stripping tutorials and sales of wire strippers are booming, with some participants earning significant sums from both the copper and the content.
Copper prices have reached an all-time high, with September's price at $14,473 per metric ton, more than double the price in September 2020. This has sparked a trend on TikTok where users document their efforts to strip copper wire for sale. The diversity of participants ranges from hobbyists to cash-strapped teenagers, with some turning it into a full-time side hustle. The process involves stripping copper from wire, which can be sold for profit, but the quality and grade of the copper affect its final price. Some creators have even set ambitious goals, like one who aimed to save $20,000 for a home in six months through copper scrapping and content creation.
Key Points
Copper prices reached an all-time high in September, at $14,473 per metric ton, more than double the 2020 price.
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