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US Tariff Turmoil and the Performance of Copper Pipe & Tube Imports and Exports
US Tariff Turmoil and the Performance of Copper Pipe & Tube Imports and Exports
Tender for Procurement of Projects Including Industrial Pure Iron
[Shanghai spot copper] Looking ahead to tomorrow, being the last trading day of the month, premiums are expected to fluctuate, with SHFE copper spot premiums maintaining today's trend.
【SMM Analysis】ASEAN Recycling Sector May Faces New Pressures from U.S. and China Trade Tensions
The ASEAN recycling sector is facing growing pressure from escalating U.S. and China trade tensions, as Washington’s reciprocal tariff regime compels Southeast Asian countries to tighten rules of origin, crack down on Chinese transshipments, and strengthen customs enforcement, with Vietnam, Thailand, and Malaysia among the most affected. While these measures aim to safeguard U.S. market access, they also raise compliance costs and accelerate supply chain shifts across the region. From a new energy perspective, the impact is deeper as the U.S. tariffs are fragmenting the global black mass market, with trade flows becoming increasingly regional. Although China opened imports of black matter in August 2025, the role of ASEAN as a convenient transshipment hub is diminishing due to the impact of regulatory uncertainties. This poses challenges such as rising costs, slow progress in battery recycling, and potential sanctions for recyclers and importers, all of which may reshape the geopolitics of clean energy and the global recycling supply chain.
