High copper prices fuel illegal scrap metal trade


PETALING JAYA: The high value of copper is tempting unscrupulous scrap metal dealers to source for the metal illegally, despite being aware of the strict regulations.A scrap metal dealer who ope­rates in Selangor said the price of copper, especially those used in telecommunication cables, was of high value due to its purity.

He said the current market price of copper is about RM35 per kg, but unscrupulous scrap metal dealers paid less than half that amount if the metal is illegally sourced.

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