Metal Prices Are Soaring. So Is Metal Theft

Something had gone wrong with the giant radio tower. Will Payne, of Payne Media Group, got an alert from his utility company in the middle of the night telling him as much. But it wasn’t until he got to the site around 5am, in subzero temperatures, that he realized what had happened.

The tower in question, a 499-foot mast in the middle of a field in Hugo, Oklahoma, was almost as tall as the UN building in New York. It broadcast K95.5—a radio station for Oklahoma and Texas that plays “Continuous Country.”

When Payne pulled up it was still pitch black outside, but the headlights on his truck picked out something

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