The European region became the biggest highlight for copper scrap imports this month.
[SMM News] The European region became the biggest highlight for copper scrap imports this month, with supply from multiple countries surging. Imports from Spain were 11,900 mt in physical content, up 110.05% YoY; imports from the UK were 10,600 mt in physical content, up 15.00% YoY; and imports from Canada were 9,800 mt in physical content, up 56.27% YoY. The substantial increase in supply from Europe effectively supplemented China's raw material supply.