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Premium Scrap Copper Faces Supply Squeeze in China on July 28 Amid EV and AI Demand

2026-07-28 14:34:12

According to CCTV Finance, premium scrap copper supplies are facing severe tightness in China's recycled metals market on July 28, with high-purity materials being purchased immediately upon arrival. The surge in demand stems from expanding downstream industries, particularly new energy vehicles and artificial intelligence applications. Recycled copper is processed from scrap and waste copper sources and offers advantages including lower carbon emissions and stable quality compared to primary copper production, whose capacity growth is increasingly constrained.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.

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LME Metals Inventory Shifts: Copper Down 4,200 Tonnes, Aluminum Down 1,975 Tonnes on July 28

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U.S. Defense Industry Must Halt Chinese Rare Earth Purchases by January 2027, But Domestic Supply Falls 48,000 Metric Tons Short of Demand

China's Central Bank Nets 52.5 Billion Yuan in Liquidity Injection on July 28

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