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Copper Thefts Continue To Increase, Prices To Blame
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In the period from 4 October to 13 November 2024, unknown perpetrators have overcome a total of five times the mechanical securing of a closed container in the Sudetenstrasse in the industrial area of Wertheim-Bestenheid, taking away several tons of copper cables with insulation. Afterwards, the perpetrators moved in an unknown direction. The theft caused a total damage of several thousand euros. The police are now looking for witnesses with pho…
Copper Thefts Continue To Increase, Prices To Blame
It’s becoming one of the bigger trends in theft across the nation and here in the Upper Cumberland, stealing copper. Putnam County Sheriff Eddie Farris said construction sites and air conditioning units have lots of copper components and are commonly targeted by copper thieves. Farris said copper has become a top item to steal as thieves steal it to try and make a quick buck. “As of this morning, Copper was $5.21 a pound,” Farris said. “So you c…
Press release from the Heilbronn Police Headquarters POL-HN dated March 25, 2025. Between October 4, 2024, and November 13, 2024, unknown perpetrators bypassed the mechanical security of a locked container on Sudetenstraße in the industrial area of Wertheim-Bestenheid a total of five times, stealing several tons of copper cable with insulation. The perpetrators then fled in an unknown direction. The thefts caused a total loss of several thousand…
U.S. Copper Rush: Imports Flood in and Prices Soar as Trump Tariff Looms
Copper prices surged on Monday as traders anticipated the outcome of potentially high U.S. import tariffs. The three-month copper price on the London Metal Exchange (LME) climbed to $9,925 per metric ton, building on last week’s gains after reaching a five-month high. As per Bloomberg, Mercuria revealed that around 500,000 tons of copper are now headed to U.S. ports—much higher than the usual 70,000 tons per month. This spike is directly linked …
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