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![[SMM Analysis] Global Copper Scrap Restructuring: From Policy to Resources Rebalancing](https://imgqn.smm.cn/production/admin/votes/imagesplPqr20220129153857.png)
[SMM Analysis] Global Copper Scrap Restructuring: From Policy to Resources Rebalancing
Oct 23, 2025 10:57
The global copper scrap trade is entering a new cycle of restructuring. Over the past decade, the global trade network for copper scrap has been highly dependent on China. However, since China implemented the Solid Waste Import Ban in 2018, the global supply chain has been forced to reorganize, and a large volume of copper scrap has been redirected to Southeast Asian countries. By 2020, as Southeast Asian countries gradually tightened import controls, the global copper scrap market ongoing a “second phase of flow rebalancing.”
[SMM Announcement] Temporary Suspension of China Domestic Price Updates During Holidays (Oct 1-8, 2025), Overseas Price Updates Will Continue as Normal
The 2025 National Day holiday and Mid-Autumn Festival is approaching. To help users make arrangements in advance, SMM’s work schedule during the dual festival holiday is announced as follows:
Sep 30, 2025 18:17
![[SMM Announcement] Temporary Suspension of China Domestic Price Updates During Holidays (Oct 1-8, 2025), Overseas Price Updates Will Continue as Normal](https://imgqn.smm.cn/production/admin/news/cn/thumb/owuFzaRNaeeVCVbhASTO20170626040421.jpg?imageView2/1/w/176/h/110/q/100)
Key takeaway from SMM: how will imminent US tariff policy affect the copper market?
All in all, the policy pivot on July 30 is not an isolated event, but rather a strategic move under the broader umbrella of the Trump administration’s “manufacturing reshoring” agenda. The resulting spread volatility, collapse of arbitrage flows, and rerouting of global shipments represent a structural correction to both market expectations and resource allocation mechanisms. More importantly, this event lays the groundwork for long-term shifts in copper industry dynamics, regional competition, and global policy risks.
Jul 31, 2025 14:14
SMM Proudly Unveils Upcoming Launch of Revamped Non-Ferrous Metal Database
To better serve our customers and enhance the efficiency of the SMM database, we will optimize and adjust the existing classification of the non-ferrous database in June 2025. This adjustment will not involve any changes to the data.
May 29, 2025 09:59
Fewer Arrivals During Long-Term Contract Negotiations, Year-End Rush to Meet Deadlines Drives Weekly Destocking of Copper Cathode [SMM Copper Morning Comment Dec 17]
Overnight, LME copper opened at $9,053/mt, initially dipped to a low of $9,032/mt, and then climbed steadily to an intraday high of $9,109.5/mt.
Dec 17, 2024 09:22
SMM Labour Day Holiday Notice for News Updates and Weekly Reports
We would like to inform you that due to the upcoming Labour Day holiday, all of our news updates will be temporarily suspended during May 1-5 and all of our weekly reports for the Labour Day holiday week will also be temporarily cancelled.
Apr 28, 2024 09:06
SMM Notice of Spot Price Assessment and News Suspension during Chinese New Year's Eve and Chinese New Year Holidays | SMM Wishes Everyone a Prosperous and Joyful New Year!
Dear SMM Users,
As we approach the time to bid adieu to the old year and celebrate the Spring Festival, we adhere to the national statutory holidays and our policy of not issuing quotes on weekends.
Feb 9, 2024 15:15
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