USA's copper scrap exports fell in 2023
The United States is the leading exporter of copper, waste and scrap. Although, the USA's copper scrap exports declined by 5% during last year. According to the US import export data , the country's overall copper scrap exports were recorded to be $5 billion dollars in 2023. The United States accounts for over 15% share of the global copper scrap market. In 2023, the biggest market for USA's scrap copper exports was China which amounted for 37% market share. The US export data shows that over 360,936 tonnes of scrap copper shipments were recorded for China in 2023. Whereas, Canada was the second leading market for scrap copper exports with over 105,700 tonnes of shipments in 2023. As compared to 120,364 tonnes shipments in 2022, there was a significant decline in the US scrap copper exports to Canada. India, Malaysia, Thailand and South Korea were other major markets for USA's scrap copper exports. There was a notable growth in the exports to India (80 MMT), Malays...