Insulated copper wire (heavy, 70%+) scrap price in Ontario
Thick cable such as service entrance and welding leads.
Typical Ontario yard price, checked October 27, 2026
$5.26/lb
Range $4.63 – $5.89/lb
What counts as insulated copper wire (heavy, 70%+)
Thick cable such as service entrance and welding leads. Yards price insulated wire on copper recovery. Heavy cable recovers 70% or more by weight, so it pays close to #2 copper.
How the price is set
This grade tracks the London Metal Exchange price for copper (2026-10-26), converted at the Bank of Canada rate of 1.4038 CAD per USD. Ontario yards typically pay about 55% of the exchange price for it; the rest covers sorting, freight and the yard's margin.
Other grades
| Bare bright copper | $8.03/lb |
| #1 copper | $7.76/lb |
| #2 copper | $7.39/lb |
| Insulated copper wire (light, Romex, cords) | $3.32/lb |