Electrical Conductivity
Electrical conductivity refers to the amount of current that will run through a metal, given a certain applied voltage. It is the opposite of electrical resistance. Copper has a much higher conductivity, at 0.596 *10^6 / (cm-ohm). Iron has an electrical conductivity of 0.0993 * 10^6 / (cm-ohm).
Thermal Conductivity
The speed at which a metal conducts heat, given an applied temperature difference, is its thermal conductivity. Copper is very conductive, having a room-temperature conductivity of 223 Btu/(hr-deg.F-ft). Iron, while still a good conductor, is lower at 42 Btu/(hr-deg.F-ft).
Cause of Conductivity
The number of electrons in an atom's valence shell determines its electrical conductivity. Copper has one free electron that can be easily transferred. Iron has either two or three, depending on its state. The atomic lattice structure of a metal affects its thermal conductivity. A closely packed lattice causes atoms to bump into each other more readily and to conduct heat better.