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SMM's monthly production data for base metals is released at the end of each month, aiming to uncover the true fundamentals for industry chain professionals and investors, and providing a clearer grasp of the future direction of the non-ferrous metal market.
Apr 02, 2025 16:19
According to customs data, the imports of secondary copper in January and February 2025 were 18.92 mt and 193,400 mt, respectively, showing varying degrees of decline compared to December of previous years. There are two reasons for this. First, after Trump took office, he continuously imposed additional tariffs on Chinese imports, and China also implemented countermeasures to varying degrees. However, based on Trump's previous term, trade wars between China and the US frequently occurred.