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Thieves seek copper from demolition sites in Pittsburgh area
April 18, 2006
8:01 AM
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The supply of copper is so short right now that buyers are having to bid against each other.

April 18, 2006
7:45 AM
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Copper was up 5% yesterday. It was the biggest 1 day gain in history. :D:D

April 17, 2006
8:14 AM
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[font=Verdana]Wrecking crews say they are in a race with thieves to salvage copper, which is commanding record prices.[/font]

[font=Verdana]At least nine houses in [/font][font=Verdana]Pittsburgh[/font][font=Verdana] have had copper stolen this year, police said. The price of copper has increased from about $1 a pound in 2003 to nearly $3.[/font]

[font=Verdana]Allan Cousin, who owns Noralco Corp., one of [/font][font=Verdana]Pittsburgh[/font][font=Verdana]'s larger wrecking crews, said workers were lucky because they beat thieves to the copper in the recent demolition of the city's old Public Safety building.[/font]

[font=Verdana]Police in [/font][font=Verdana]Punxsutawney[/font][font=Verdana] last month were investigating the theft of more than $10,000 worth of copper cable and couplings from an abandoned mine.[/font]

[font=Verdana]And police in suburban [/font][font=Verdana]Pittsburgh[/font][font=Verdana] said a man stealing copper piping was burned in March when a lighter he used to see inside an empty housing unit caused an explosion.[/font]

[font=Verdana]Information from: [/font][font=Verdana]Pittsburgh[/font][font=Verdana] Post-Gazette, http://www.post-gazette.com[/font]

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