Argentina Eases Glacier Protections to Unlock Copper Investment

[SMM Analysis: Tectonic Shifts Amid Policy Crackdowns: Decoding the Asian Recycled Copper Market]Since 2018, the global recycled copper trade has entered a highly volatile "Nomadic Era." Against the backdrop of China’s stringent restrictions on solid waste imports, Southeast Asia quickly filled the gap in the global supply chain. However, this prosperity—built upon "regulatory troughs"—is gradually transforming as regional environmental awareness awakens and administrative logic shifts.

The operating rate of the enamelled wire industry pulled back 1.33 percentage points to 86.47% this week, with new orders declining 6.95 percentage points. Affected by the continued weakening of home appliance demand, orders at related enamelled wire enterprises were significantly under pressure. Coupled with the upward shift in the center of copper prices, both new orders and operating rates in the industry pulled back in tandem.