How profit is the waste cable and wire recycling business？

The profit of the waste cable and wire recycling business is mainly determined by the amount of copper output rate. Of course, there will be some other factors that will affect the profit of the waste cable and wire recycling business. Then how profit is the waste cable and wire recycling business specifically? Let's analyse the profit of the waste cable and wire recycling business in this article specifically.

Here please see the below table of profit analysis for waste cable and wire recycling business. This table is just to give you a reference.

For a better understanding of the profit of the waste cable and wire recycling business, let's calculate the costs required for your waste cable and wire recycling business.

-Equipment costs: The waste cable and wire recycling business is to recycle the copper in the waste cable and wire to make a profit. So before you start the waste cable and wire recycling business, you will need to invest in one of the costs is to purchase the waste cable and wire recycling machine. There are a number of waste cable and wire recycling machines for sale on the market and you can choose the right waste cable and wire recycling machine according to your needs.

Waste cable and wire recycling machine

-Raw material cost: The prices for different kinds of waste cable and wires are different, as they have different contents of copper. With more copper content, price would be higher. For example, car wires usually include 55%-60% copper. The cost would be around USD3355 per ton. For household wires with about 30% copper, the price would be much lower. So before you start the waste cable and wire recycling business, you can learn about the recycling price of each type of waste cable and wire. This can help you to clearly calculate the profit of your waste cable and wire recycling business.

-Power consumption: The power consumption of the wire and cable recycling machines is also one of the costs of the waste cable and wire recycling business. Different machines can have different power consumptions. Here we will mainly introduce the power consumption of DOING waste cable and wire recycling machine for your reference.The actual electricity consumption of DOING waste cable and wire recycling machine is usually 60%-70% of the total power. The cost is calculated by actual consumption/h*hours*electricity charge.

-Labor cost: Labour costs are also one of the costs of the waste cable and wire recycling business. However, if you buy the waste cable and wire recycling machine from DOING, you do not need to invest a lot of cost in labour. DOING Group’s waste cable and wire recycling machine is fully automatic. So only 1 or two workers are needed for operation, which decrease the cost greatly.

Then let's calculate the income from your waste cable and wire recycling business. Then about the income, you can not only earn from selling the copper, but also the plastic particles.

It’s not hard to sell the copper at metal trade market. The copper particles from dry type waste cable and wire recycling machine have higher value. The plastic particles can be sold directly or used for pelleting or making wire covers. The plastic particles can be sold directly or used for pelleting or making wire covers. The price of copper is influenced by the waste cable and wire recycling machine. DOING Group’s waste cable and wire recycling machine is a dry type waste cable and wire recycling machine. The copper recycled by DOING Group’s waste cable and wire recycling machine is very clean and has a high separation rate. So if you buy waste cable and wire recycling machine from DOING , you will get a good profit.

Product

The above is about the costs and income of the waste cable and wire recycling business. The waste cable and wire recycling business is more and more popular right now. Because more investors realize it is a profitable and promising business. If you have the stable material of waste cable and wires, don’t hesitate to contact Doing Group for more information to start this business!