Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Headlines > Trump's scrap copper quotas too small to shift the market
    Headlines

    Trump's scrap copper quotas too small to shift the market

    Published by Global Banking & Finance Review®

    Posted on July 31, 2025

    2 min read

    Last updated: January 22, 2026

    Trump's scrap copper quotas too small to shift the market - Headlines news and analysis from Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Tags:innovationtrademarket conditions

    Quick Summary

    Trump's proposed copper scrap quotas aim to boost domestic production but are unlikely to impact the market significantly, as US consumption is already high.

    Trump's Proposed Copper Scrap Quotas Likely to Have Minimal Market Impact

    By Amy Lv, Lewis Jackson and Pratima Desai

    BEIJING/LONDON (Reuters) -Proposed limits on U.S. scrap copper exports which aim to reduce reliance on overseas production of the metal, are unlikely to have much impact, analysts say, with exports already below the planned cap.

    Copper is a vital material for the power generation and transmission industries, for artificial intelligence and data centres and for electric vehicles.

    In new tariff announcements on Wednesday, the White House said it would require 25% of high-quality copper scrap produced in the U.S., the world's largest scrap exporter, to be sold at home, in a move to boost domestic production of refined copper using scrap as a raw material.

    The executive order did not define high-quality or specify when the domestic use requirement would begin, though a separate report from the Secretary of Commerce said 2027.

    Trade flows were unlikely to change as a result, Goldman Sachs analysts said in a note on Thursday, in part because "high quality scrap is probably kept domestically already."

    "If we're looking at the copper scrap market as a whole, there's nothing to see here because the US is already consuming upwards of 40% of copper scrap in its own metal production," said Duncan Hobbs, Research Director at commodity merchant Concord Resources.

    The United States exported $4.5 billion of copper scrap last year, around half going to China. However exports to its largest customer have dropped sharply since the on-off trade war, muting any potential impact from Trump's latest proposal.

    Exports of scrap copper to China in May were worth just $7.4 million, down from $248 million a year earlier, according to U.S. customs data.

    The share of China's scrap copper imports from the US by volume fell to 1% in June from 20.8% in January, Chinese customs data showed.

    (Reporting by Lewis Jackson;Editing by Elaine Hardcastle)

    Key Takeaways

    • •Trump proposes copper scrap export quotas.
    • •Analysts predict minimal market impact.
    • •US already consumes 40% of its copper scrap.
    • •Exports to China have significantly decreased.
    • •No clear start date for domestic use requirement.

    Frequently Asked Questions about Trump's scrap copper quotas too small to shift the market

    1What are the proposed limits on U.S. scrap copper exports?

    The White House announced that 25% of high-quality copper scrap produced in the U.S. must be sold domestically, but specifics on high-quality definitions and implementation dates were not provided.

    2How much copper scrap did the U.S. export last year?

    The United States exported $4.5 billion of copper scrap last year, with approximately half of that amount going to China.

    3What impact will the new copper quotas have on trade flows?

    Analysts from Goldman Sachs believe that trade flows are unlikely to change significantly because high-quality scrap is likely already consumed domestically.

    4How have U.S. copper scrap exports to China changed recently?

    Exports of scrap copper to China fell dramatically, with values dropping from $248 million a year earlier to just $7.4 million in May.

    5What percentage of copper scrap imports from the U.S. does China currently hold?

    China's share of scrap copper imports from the U.S. by volume decreased to 1% in June, down from 20.8% in January.

    More from Headlines

    Explore more articles in the Headlines category

    Image for Former French minister Lang resigns from Arab World Institute over Epstein ties
    Former French minister Lang resigns from Arab World Institute over Epstein ties
    Image for Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Hooded protesters throw flares at police at end of demonstration in Olympic host city Milan
    Image for Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Greenland foreign minister says US talks are positive but the outcome remains uncertain
    Image for Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Hungary's opposition Tisza promises wealth tax, euro adoption in election programme
    Image for Thousands protest in Berlin in solidarity with Iranian uprisings
    Thousands protest in Berlin in solidarity with Iranian uprisings
    Image for Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Farmers report 'catastrophic' damage to crops as Storm Marta hits Spain and Portugal
    Image for France opens probe against ex-culture minister lang after Epstein file dump
    France opens probe against ex-culture minister lang after Epstein file dump
    Image for If US attacks, Iran says it will strike US bases in the region
    If US attacks, Iran says it will strike US bases in the region
    Image for Suspected saboteurs hit Italian rail network near Bologna, police say
    Suspected saboteurs hit Italian rail network near Bologna, police say
    Image for Olympics-Protesters in Milan denounce impact of Games on environment
    Olympics-Protesters in Milan denounce impact of Games on environment
    Image for Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Olympics-Biathlon-Winter Games bring tourism boost to biathlon hotbed of northern Italy
    Image for US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    US pushes Russia and Ukraine to end war by summer, Zelenskiy says
    View All Headlines Posts
    Previous Headlines PostGerman inflation falls further to 1.8% in July
    Next Headlines PostEU considers pooling demand from companies to buy more US gas