๐ Copper & Aluminum Scrap Market Update (March 5, 2025) ๐ ๐ถ Copper Scrap Market: โ Tariff Speculation: President Trumpโs executive order on copper imports may lead to future tariffs, impacting electric vehicle & semiconductor sectors. โ Market Rush: Traders accelerating shipments to the U.S., pushing export stocks to **102,000 tonnes, highest since 2021. โ Price Trends: No. 1 copper scrap trading at $0.12-$0.16/lb discount, with strong demand from green technologies. ๐ท Aluminum Scrap Market: โ New 25% Tariff: Effective March 12, boosting domestic production but adding market uncertainty. โ Price Hike: Spot aluminum at 20,820 yuan/mt, pushing aluminum scrap prices higher (15,250-15,950 yuan/mt). โ Market Sentiment: Suppliers optimistic, expecting inventory shifts in March. ๐ Key Takeaway:Rapid policy shifts & economic trends are reshaping the scrap metal markets. Stay informed & adapt strategies accordingly! ๐๐
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