Learn how to buy Copper Wire Scrap. In this post we will explain why people fall for scams when looking to buy Copper wire scrap from Africa. We will also tell you the importance of due diligence and how to meet the real actors who are not what you see online.
The online market for copper scrap in Africa is filled with brokers, middlemen and con artists making it very difficult for you to actually buy Copper wire scrap. The middlemen and brokers want very high commission to give you the contacts of actual sellers while the conmen are waiting for you to slip up. These and other things like trade restrictions and taxes are making it very difficult for first timers to buy copper scrap from Africa.
This website was set up to help you navigate the difficult end and meet real suppliers of copper wire scrap. We are not middlemen or brokers, we do not charge a fee for our services. All what we do is expose people who are trying to take advantage of businessmen coming to Africa. We do this because their actions are hurting the market leaving many struggling.
What we do for buyers of Copper Wire Scrap
Like we said before buying copper scrap from Africa can be very problematic as a foreigner. There are always people who will be looking to take advantage of you either from commissions, inflating prices or claiming what you bought was stolen. Whatever the case, if you do not know or work with the right people then you will lose money. This is especially prevalent in South Africa.
Working with us for one puts you in direct communication with suppliers. We also have lawyers who will help with any taxes that is required, this is for people who want to buy through FOB. When you buy through CIF you do not pay any additional taxes. The supplier takes care of that.
Another thing we do is inspect the load to make sure it is really 98% copper. Some suppliers have been know to coat iron with copper and sell to unsuspecting buyers. Our experts will do the visibility test to ensure all is copper. Send us an inquiry today for more information.
Reasons why you should buy Copper Scrap from Africa
We’ve explained in our others posts why Africa is the best place to buy Copper wire scrap and it is down to two reasons. The availability of stock and Cheap pries.
- Availability of constant stock is why you should buy copper from Africa. The continent has a good market for electrical products but no facility to recycle it when it gets bad hence all that copper is simply thrown away. Collectors buy for less that $1 per pound, store in their warehouses and export overseas. All you have to do is come to the continent, sign a contract with a supplier and ensure you have a constant supplier for as long as you want.
- Cheap prices are another reason why you should buy copper scrap from Africa. Standard of living in most countries is very low hence prices of goods and services are too. You can get copper scrap for less than $1 a pound in some areas. We can help put you in direct contact with these suppliers.
It can get even better if you pay with the local currencies while in the country. This will ensure you get it at an even better price.
Price of Copper Wire Scrap in Africa
Africa has one of the best prices for copper scrap in the world. You must be willing to travel the distance though. A successful business in Africa cannot be conducted online. The buyer has to travel, meet the supplier, sign a contract before making any payment. This is for safety reasons. Below are the prices of copper scrap in Africa;
| Weight(KG) | Price(USD) | Purity |
| 1Kg | $2.0 | 96% |
| 1000Kg | $2,000 | $96% |
| 1Kg | $3.01 | 98% |
| 1000Kg | $3,010 | 98% |
These are just the average prices but it can get lower than this depending on your order quantity. Contact if you need more details on the pricing situation of copper scrap in Africa.
Quality of the Scrap Copper
Africa has one of the best quality for scrap copper and this is because the final collectors are very strict and every single wire is confirmed by physical test before being paid for. Despite fraud in the continent, the government is very strict on these companies and the fine they pay for duping clients is too huge for them to risk it. If you are looking for the top Millberry wires and other copper scrap products then Africa is the best place to come to.
The best place to buy Copper scrap in Africa
Tanzania has the best quality copper wire scrap than most countries in Africa. For this reason we recommend it as the best spot for those looking to buy copper wire scrap. Their currency too is very low compared to the US Dollar(2,620TZS for $1) making it the ideal spot for low prices.
Another country that is good is Kenya but the problem is finding suppliers with stock. Most of the suppliers have signed contracts with big companies hence can take on new customers. If you can strike a deal with one, then you are sure of receiving a constant stock at very good rates. They have the lowest price for copper scrap in Africa. Contact us for more information on the best place to buy Copper wire scrap in Africa.
How to verify a supplier
Verifying the legitimacy of a supplier can be very difficult if you are not in the country. Part of our job is to help buyers verify if the person they are talking to is legit or not. All you have to do is send us their company registration documents which should contain their address. We will give them a call go to the address and make sure they are who they say they are. Doing this takes us less than 2 hours. We run their information through the Chamber of Commerce and TRA, if it checks out then they are legit.
After confirming the company is registered, we will go to their office to make sure because scammers impersonate companies. Through the visitation, we will be able to confirm if they have the stock and can actually supply.
Is it safe to buy online?
Every story of scam is always associated with someone trying to buy online. We cannot emphasize enough on the importance of the buyer meeting the supplier face to face before making any payment. This is the safest way to conduct any business. Do not buy anything online without meeting the supplier.
If you do not want to travel to the country, we can help but it is not advisable. Contact us today, get the list of legit suppliers of copper wire scrap, book an appointment and visit their facility.
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